View more on these topics

Threadneedle’s Colwell named lead manager for UK Equity Income fund


Threadneedle’s European has promoted Richard Colwell to lead manager on the £3bn UK Equity Income fund, with head of equities and former co-manager Leigh Harrison remaining as deputy manager.

Colwell has been co-manager on the fund for five years, and will take over as lead manager from 1 October 2015. Harrison will remain as co-manager on the fund.

“This recognises Richard’s outstanding track record and experience in UK equity income management and gives greater accountability for the management of the strategy,” says a Columbia Threadneedle Investments spokesperson. ”As a member of UK equity income team, and deputy manager of the fund, Leigh Harrison will continue to be actively involved in the strategy.”

Harrison recently handed over responsibility for head of UK equity research to former Neptune UK equity manager Jeremy Smith. Harrison said the hire will help to expand the UK equity team, which has been growing this year.

The Threadneedle UK Equity Income Fund has returned 41.60 per cent in the past three years, compared to 37.98 per cent for the benchmark.



FSCS chief hits back over tax avoidance criticism

Last week Money Marketing printed an open letter from West Riding Financial Solutions managing director Neil Liversidge criticising the FSCS for considering claims against ‘victims’ of tax avoidance schemes. You can read his letter in full here. Below is FSCS chief executive Mark Neale’s response: Thank you for your personal letter of 11 September which […]


Apfa: FCA’s smarter comms too expensive for small firms

The FCA’s best practice examples of smarter consumer communications fail to acknowledge the “prohibitive” cost of technology to smaller firms, says Apfa. In a wide ranging discussion paper on communications in financial services in June, the FCA urged the industry to adopt “innovative” techniques to move away from a “paper-based mindset”. It cited a number […]


Man and machine: The human face of robo-advice

Robo-advice tools which allow firms to automate certain parts of the advice process are being tipped to take off in the UK. While much attention has been focused on the launch of algorithm-based investment portfolios, other models are being developed which experts say could help advisers to reduce their costs while retaining the human touch. But […]

Ros Altmann

Ros Altmann: No way back on state pension age

Pensions minister Baroness Ros Altmann says she has tried to find a solution for the women hit by changes to the state pension age but has been unable to do so. Some 500,000 women have been affected by the coalition government’s decision to add up to 18 months to the start date of their state […]


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. Let’s hope this doesn’t turn out to be a re-run of Anthony Bolton’s handover of Fidelity Special Sit’s.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm