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Teather & Greenwood IM appoints Sweet

Teather & Greenwood Investment management is appointing John Sweet as senior fund manager.

He joins from Invesco Perpetual Unit Trust managers where he managed the £350m UK smaller companies unit trust and the £85m UK smaller companies investment trust. Sweet will be responsible for establishing a smaller companies fund under the umbrella of TGIM&#39s recently launched Oeic.

TGIM managing director Brennan Hiors says: “John has an excellent track record within the smaller company arena and is a widely respected fund manager.”


Independent view

If you had told me before Equitable&#39s downfall that they would fall from grace as spectacularly as they have, I suspect I would have been somewhat sceptical. Of course, none of us operate with the benefit of hindsight, so it is not surprising that I could not have predicted recent events.A lot of our business […]

Christows appointed to InterAlliance panel

Independent stockbroker Christows has been appointed to the Inter Alliance advisory panel of discretionary portfolio managers.The move will make Christows Private Portfolio account available to investors through Inter Alliance.The account has a minimum investment of £50,000 and offers IFAs up to 3 per cent initial commission and 1 per cent trail.

Worst quarter in 10 years for unit trusts and Oeics

UK unit trusts and Oeics recorded their worst quarter in more than a decade over the three months to September 30.The figures, part of Lipper&#39s quarterly fund industry review, reveal the average open-ended fund fell by 15.38 per cent – the biggest decline since unit trusts fell by 18.99 per cent after the Iraqi invasion […]

Baillie Gifford appoints South East sales head

Baillie Gifford has appointed Nigel Cathcart as regional sales manager responsible for intermediary relationships for London and the south east.He joins Baillie Gifford from Dresdner RCM where he was regional sales manager for the south east responsible for dealing with larger IFAs, discretionary managers, stock brokers and institutions. He has 14 years experience in retail […]


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