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Virgin One appoints business partnerships head

Virgin One has appointed Anthony Richardson, 35, as head of business partnerships to lead a team of five business partnership managers working with IFAs. Richardson has 16 years of intermediary experience and was formerly national account manager at Abbey National.

The appointment is in preparation for Virgin One&#39s launch into the intermediary market this summer. When the IFA service is launched Virgin One will offer immediate over the phone agreement, 24-hour telephone and internet support.

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Baring appoints new fund manager

Baring Asset Management is appointing Andrew Neville as a fund manager in its UK equity team, specialising in smaller companies.With Suzannah Lloyd, Neville will co-manage the retail and institutional small cap funds.Neville joins Baring from AIB Govett Asset Management where he co-managed the Govett UK Smaller Company Fund for a year. Baring UK equity team […]

Regulators must not escape blame

I read with increasing disquiet the recent article in Money Marketing referring to the possibility of unlimited liability attaching to the IFA for life. It prompted me to wonder if this principle (with which I intensely disagree) should also be applied to the regulator and the staff. The FSA seem to be conducting a review […]

Six fund firms to rescue EMX if rights issue fails

Six of the UK&#39s biggest fund providers are to step in and save EMX if its rights issue fails to raise a minimum of £6m over the next two weeks. EMX has appointed a new chief executive and redesigned its business plan following failed attempts to get the rights issue under way as planned in […]

Massow buys stake in London listings magazine

Ivan Massow, is taking over as chairman of CapitalLive, the free fortnightly London entertainment listings guide.Massow, who made a fortune targeting gay men when other IFAs thought them uninsurable because of concerns over Aids, has purchased a 10 per cent stake in CapitalLive. The investment in CapitalLive was funded by Wager Massow Consulting, the firm […]

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