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St James’s Place picks chief exec

St James’s Place has appointed David Bellamy as chief executive from his interim role following the departure of Mark Lund. He was group managing director for five years.

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Poor’s ratings for new fund launches

Standard & Poor’s Fund Services is to start awarding ratings to brand new fund launches. This will enable the firm to provide analysis of funds not covered by qualitative-based data firms, which rank funds solely on past performance.

Rowanmoor in SSAS move on property

SSAS provider Rowanmoor will retain in-specie contributions for its SSAS and family pension trust for property where a recent independent valuation has been obtained.

Collins appointed to New Star Tri-Star unit trust

Edward Collins has been appointed to manage the equity portion of the New Star Tri-Star unit trust.He will initially co-manage the fund with existing manager Stephen Wittaker and will assume full responsibility by the end of 2007.Collins previously worked as lead manager of the New Star UK dynamic fund, a sub-fund of the New Star […]

Leap of Faif for Horlick

Bramdean Asset Management chief executive Nicola Horlick is thought to be launching a fund of alternative investment funds in June.Sources say the fund, which is subject to regulatory approval, will invest across asset classes including private equity, hedge funds and specialist offerings such as infrastructure.It is thought the Bramdean alternatives limited fund will list on […]

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White paper — recording sickness absence

The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.

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