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Tulloch passes reins of First State funds

First State star manager Angus Tulloch has passed the management of his two global emerging funds to Jonathan Asante. Asante will be lead manager on the £580m global emerging markets and £273m GEM leaders fund, with Tulloch as co-manager.

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Offer to securitise £12.5bn of Rock loan

Royal Bank of Scotland, Barclays and Citigroup have offered to securitise £12.5bn of the Bank of England’s emergency loan to Northern Rock.

Midas and Miton in £2.9bn multi-asset marriage

Iimia MitonOptimal is to merge with Midas Capital in a move the firms claim will create the biggest multi-asset manager in the market.The newly merged firm will take the Midas Capital brand and will be listed on the Alternative Investment Market.The deal comes only six months after the merger of Iimia and Miton Optimal.Midas Capital […]

Dog fight

The equity income sector must be hellish for fund management firms to make their mark. It is full to the brim with experienced fund managers but if your name is not Woodford, Frost, Nutt or Luckraft, it is difficult to get a look in, no matter how good you are.

Barbara Bradshaw succeeds Paddick as IIB chief

Barbara Bradshaw has been appointed as the Institute of Insurance Brokers chief executive following the death of Andrew Paddick.IIB chairman Graham Gomm says: “The board was determined that we should continue to provide the very highest level of service to, and on behalf of, our members. “During the past five years, the Institute has come […]

employee-focus-group

Five ways to make your employee focus group session a success

by Debra Corey, group reward director  You just planned and booked what you thought was the perfect vacation for you and your family. You call everyone together to share the great news and instead of receiving sounds of glee and delight, you receive groans and complaints.Your youngest says: “I hate beaches, didn’t you know that?” (You think to […]

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