View more on these topics

US equities at the centre of Isis and F&C&#39s new firm

The US equities desk is to form the heart of the investment business of newly merged F&C and Isis.

The team has been thrust to the core of the merged firm, F&C Asset Management, which came into being on Monday.

A global equities team of 13 is headed by Foreign & Colonial investment trust manager Jeremy Tigue. He is supported by head of US small cap Robert Siddles and head of US large cap Rupert Della-Porta.

Della-Porta has taken charge of a team of US equity fund managers comprising Sarah Fong, Niall Kirk and Tim Maunderson-Taylor.

London-based Francisco Almeida and Sophie Horsfall have been appointed to global products. Julie Dent, manager of the 106-year-old British asset trust, has been app-ointed head of global equities in the Edin-burgh office.

Last week, Isis extra income bond and Isis strategic bond funds manager James Foster resigned after returning from a 10-week sabbatical. Fatima Luis has been appointed as lead manager on both funds.

Chief investment officer Tony Broccardo says: “Given the fact that US stocks represent over half of world equity markets by capitalisation it is a logical move for us to place our US fund management team within the heart of the global equities desk with clear acc-ountability through Jeremy.

“Global products represent an important part of the enlarged group&#39s proposition which will encompass institutional mandates, retail funds, absolute return products, open-ended funds and internationally diversified investment trusts.”


Bates suspended in businesses probe

Bates Investment Services founder and chairman Graham Bates has been suspended pending an investigation into his business dealings days after telling the firm he wanted to quit. Bates and his sister, managing director Helen Peace, were both suspended for “internal management issues” last week just days after Bates tendered his resignation. The probe is being […]

Britannia staff move to Axa in sales tie-up

Britannia Building Society is transferring its sales team to Axa Sun Life and signing a deal to distribute Axa&#39s life, pension, protection and investment products. The partnership, which will run from January 2005, coincides with the new FSA rules on the sale of regulated products. Britannia members will be able to buy Axa mortgages and […]

Barclays Global Investors – i-Shares MSCI Japan

Type: Exchange traded fund Aim: Growth by tracking the performance of the MSCI Japan Index Minimum investment: Subject to negotiation with a stockbroker Investment split: 100% tracking the performance of the MSCI Japan index Place of registration: Dublin Isa link: Yes Pep transfers: Yes Charges: Annual 0.59% Commission: None Tel: 020 7668 8007

MLIM encouraged by stocks

The chief investment oficer at Merrill Lynch Investment Managers has been encouraged by the recent stock market movements.MLIM CIO and president Bob Doll says that conditions are not in pace for a bear market despite the drag on equities from oil prices and economic uncertainty.He believes that interest rates are likely to stay low and […]


News and expert analysis straight to your inbox

Sign up


    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