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Standard Life Investments beefs up its team

Standard Life Investments has beefed up its team by recruiting Alasdair MacLean to its fixed interest team as a European credit analyst and Reg Watson as investment director for its global equities team.

Maclean worked previously for CIBC and Watson for Threadneedle Investment Managers.

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SIM picks Goldman Sachs to run Euro equity fund

Skandia Investment Management is appointing institutional specialistGoldman Sachs Asset Management to run its single strategy retailEuropean equity fund.Subject to FSA approval, the continental European fund – a sub-fundof the Oeic which SIM is launching in April – will be managed by ateam of 24 investment managers and analysts led by David Dick,co-head of GSAM&#39s European […]

New hope

We are told at every turn that there are no more young people coming into the business, that we oldies are all there is and we are going to die soon.I have been lucky enough to be running a series of sales training workshops aimed at new advisers. These have been (mainly) bright young people […]

GMAC takes over sub-prime lender

GMAC-RFC is buying sub-prime lender High Street Home Loans as part ofits strategy to build its business through partnerships in the UK.HSHL was set up two years as a correspondent lender and hasnegotiated deals with a number of lenders including GMAC-RFC.It will move to being a lender in its own right selling a range ofproducts […]

&#39Mutual PI scheme would help smaller IFAs survive&#39

Bristol IFA the Falcon Group believes a mutual professional indemnityinsurance fund supported by providers is the only way that manysmaller IFA firms will survive the current PI crisis.It believes that although such a scheme will inevitably cause productcosts to rise and IFA commission to be reduced as providers meet thecost of PI, it is the […]

Choose life…

Sarah Scott  – Marketing Consultant, Royal London  This month sees the return of Renton, Sickboy, Begbie and Spud in the sequel to the film Trainspotting. Just over 20 years later, we return to see exactly how life treated the characters whose lifestyle was less than ideal back in 1996. Did they choose a job, choose […]

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