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Tim Callaghan set for Gartmore exit

Gartmore fund manager Tim Callaghan looks set to leave the firm as the group plans to restructure its European desk.

Callaghan, who manages both the European growth and focus vehicles, will see his funds pass to the head of the European desk Stephen Jones in the interim.

Callaghan is the latest Gartmore employee to have their job put in limbo following restructures. Last week saw multi-manager head Bambos Hambi and investment trust head Jim Tennant placed in a similar position following restructures.


Now we are three

As we celebrate the third birthday of the child trust fund, it is time to reflect on how much this baby of the savings world has grown up.

JC Flowers won’t budge on Friends

JC Flowers is refusing to increase its 150p per share offer for Friends Provident and says it will withdraw its proposal by the end of this week if the life office does not enter into discussions.

UK gilts: Shaken and stirred

Mike Riddell, fixed income portfolio manager at Allianz Global Investors, reviews the performance of the UK government bonds market post-Brexit and assesses its future prospects, as well as giving his outlook for global fixed income markets and yields movements. In addition, he provides a brief analysis of the impact of Brexit and the Bank of […]


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