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The Daley Update

Abbey National Asset Managers has strengthened its European equities team with the appointment of three new fund managers. Maureen Hemphill joins from Murray Johnstone and Martin Robertson and Jeremy Hall join from Scottish Life. Scottish Life has also lost fund manager Alan Murray to rival Edin-burgh Fund Managers, where he will be derivatives fund manager.

Three of Canada Life&#39s unit trusts – balanced, Japanese growth and highincome – have been awarded A ratings from Standard & Poor&#39s.

Gartmore has app-ointed Alan Hadley as an equity finance specialist with its dealing and derivatives implementation team. Hadley, who joins this week, most recently worked for US Clearing/Fleet Securities, where he was responsible for the trading of European, Far East and Asian equities.

Baillie Gifford has created an emerging markets fund management team, bringing together all its emerging markets specialists under partner Gerald Smith. There will be six fund managers who together have more than 50 years&#39 experience in the team of 13. It will manage assets of more than £1bn.

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