Henderson Global Investors has appointed 3 new analysts to
its credit team. Henri Alexaline, Marc Dallon and James
Briggs join from ABN AMRO Asset Management, Bank of America
Capital Management and BlueBay Asset Management
Richard Urwin is joining Merrill Lynch Investment Managers
as head of the economics and asset allocation team in the
new year. Urwin is leaving Gartmore to join Merrill Lynch
and will report to head of investment strategy and research
Ewen Cameron Watt.
Michael Seymour is to join Threadneedle Investments, from
Deutsche Asset Management, as a global equity investment
specialist representing the company's global equity team to
consultants, clients and the media.
Framlington chief investment officer Jeremy Lodwick is
leaving at the end of the year. Lodwick currently manages
the Managed Growth fund which will be taken over by Chris
Armstrong on Lodwick's departure. In the future Framlington
fund managers will report directly to the group's chief
executive officer, Robert Kyprianou.
HSBC UK Smaller Companies manager David Taylor has left the
company with immediate effect with management passing to
Colin Riddles, manager of the HSBC British fund and a number
of institutional mandates.
Former Hendersons manager and Polar Capital founder Brian
Ashford-Russell is to take a sabbatical in order to travel.
As a result Ben Rogoff will take over management of the
Polar Capital Technology Trust
Paul Marriage has joined Cazenove from Insight and will take
over management of the UK Smaller Companies fund from Louise
Kieron Gallagher has joined Collins Stewart to run an
Eastern European property investment trust.
Ascan Kokai joins Invesco Real Estate as assets and
acquisitions manager, Hotels and Leisure, as a result of the
increasing growth in the number of managed funds.
Michael Constantis has joined Merrill Lynch Investment
Managers to work as an analyst on the European Equity team.
Constantis, who was previously at Deutsche Asset Management,
will cover telecoms and technology stocks and reports to
head of European equities, James Macmillan.
Robert Mumby will join Jupiter Asset Management in January
as an assistant fund manager to work with Philip Gibbs on
the Financial Opportunities fund.
F&C have strengthened their UK small cap team with the
appointment of Patrick Newens who will be focussing on the
retail and media sectors. Newens previously worked on the
F&C strategy team.
F&C chief investment officer Tony Broccardo is set to leave
the group before the end of the year after incoming chief
executive officer Alain Grisay decided to axe the role.
Broccardo also manages the F&C Managed Distribution fund
which in the short term at least will be taken over by
deputy manager Paul Niven. Whilst the chief investment
officer role has been dissolved Grisay has created the post
of head of investments, with Fernando Ribeiro taking that
position with immediate effect.
Threadneedle Investments have appointed Alex Robarts as a US
analyst focussing on financial services and banking.
Neptune UK Equity fund manager Greg Bennett is set to leave
next year or earlier if the right replacement is found.
Ruth Keattch has been appointed as head of research and
investment director at Troy Asset Management. Keattch joins
Troy from Deutsche Asset Management Limited where she was
responsible for managing UK and European mid and small cap
specialist funds and was manager of the DWS UK Smaller
Companies and DWS European Smaller Companies funds.
Jane Shoemake has been appointed as an investment director
on the Henderson Global Investors UK equity desk. Shoemake
was previously responsible for institutional client
relations at Threadneedle.
F&C bond manager Fatima Luis is expected to return to work
later this month following a period of maternity leave.
Richard Colwell has taken responsibility for the Credit
Suisse Asset Management Growth & Income fund, one of the
three equity income portfolios currently managed by Errol
Alix Stewart is joining Scottish Widows Investment
Partnership from Gartmore to run the Corporate Bond Plus
fund. Current Corporate Bond Plus fund manager, Neil Murray,
will continue running several other bond portfolios for the
group. As a result of Stewart's departure the Gartmore
Corporate Bond and Sicav Sterling Bond funds will be
co-managed by Karl Bergqwist and Simon Surtees, with
Gartmore High Yield Corporate Bond coming under Mark Wauton.
Jonathan Platt has handed the management of two of his Royal
London Asset Management bond portfolios to Paul Rayner and
Stephen Peirce. Management of the UK Fixed Interest and
Index Linked portfolios will pass to Rayner and Peirce with
the two being named as co-managers. Rayner will assume the
majority of responsibility for UK Fixed Interest and Peirce
for Index Linked.
Former Standard Life manager Hector Kilpatrick has taken
charge of the SVM UK Alpha fund with Jeremy Hall becoming
c0o-manager. It now seems that the recent appointees Hugh
Cuthbert and Neal Veitch will manage the SVM Continental
European and SVM UK Opportunities funds respectively.
SVM has appointed two new managers following a number of
recent departures. Hugh Cuthbert and Neal Veitch both join
from Kempen Capital Management. Their precise mandates at
SVM are not yet known.
Glen Prentice has joined Morley Fund Management as a fund
manager on the Emerging Markets and Asia Pacific equities
team. Prentice joins from JPMorgan Cazenove and will report
to head of Emerging Markets and Asian Equities, Niall
Andrew Brown has been appointed as a junior fund manager by
F&C Asset Management, working in the UK credit team.
Another departure from SVM sees Colin McLean taking charge
of the Continental European fund. McLean takes over from
Andrew Dykes who has resigned from the position after less
than one month.
Andrew Brown has joined F&C Asset Management as a manager on
the UK credit team. Brown was formerly a credit research
analyst at M&G Investment Management, in the chemical and
Artemis have appointed Jacob de Tusch-Lec to their SmartGARP
team alongside Philip Wolstencroft and Peter Saacke. He was
previously a Pan European equity strategist at Merrill
Jan Luthman and Steve Bailey have stepped down from managing
the CF Walker Crips Corporate Bond fund, with management
passing to Michael Sunderland, the group’s chief executive
and analyst Jamie Clark. Bailey and Luthman are continuing
to run the CF Walker Crips UK Growth fund.
Threadneedle Investments have announced that Leigh Harrison
has been recruited to a new role as Head of UK Retail
Investments. Reporting to Michael Taylor, Head of UK
Equities, he will take on overall responsibility for the
performance of all Threadneedle retail products which invest
in UK equities and will personally manage the Threadneedle
UK Equity Income Fund. Prior to joining Threadneedle
Harrison was a Director and Senior Portfolio Manager, UK
Equities at Credit Suisse Asset Management.
Daniel McKernan has joined Merrill
Lynch Investment Managers as sterling credit fund manager.
McKernan was previously head of credit at Aegon.
Elizabeth Eaton has assumed sole
responsibility for the management of the Credit Suisse
European Frontiers fund after co-manager Neil Gregson
stepped down. Gregson, who is head of emerging market
equities has looked after the portfolio since 2001 and has
been co-managing with Eaton for some 15 months. He will now
take a more direct role in CSAM's global emerging equity
Ludo Mackenzie has replaced Rupert
Sheldon as manager of the Henderson UK Property fund.
Mackenzie had worked with Sheldon since March last year.
Gordon Elvey is joining JO Hambro
Capital Management by the end of the year. Elvey currently
manages US and European mandates for the British Steel
joins Newton Investment Management Limited as an analyst in
their global research team. Bhogaita will report to Simon
Pryke, leader of global research at Newton and will be
responsible for analysing mid-cap companies, particularly in
the transport, property and leisure industries. Bhogaita
joins from Deutsche Asset Management, where she was a UK
equity analyst specialising in transport.
has left his position as manager of the Hendersons UK
Property fund to run the Palmer Active Value offering.
Michael Fry has joined Lazard Asset Management(Lam) as a
managing director. Fry will join Lam’s global equity and
global ex-US equity portfolio management teams as a senior
portfolio manager. Prior to joining Lam, Fry was head of
global equity portfolio management at UBS Gloabal Asset
has been appointed as a replacement for Derek
on the F&C
UK Select Trust. Although Hooper is also currently running
the F&C UK Prime fund that may change after the
led former DWS
equity team join the group.
Income manager William
is making a return to management later this year by running
a global hedge fund at Artemis.
joins Morley Fund Management
in November as a credit analyst on the fixed income team.
She joins from F&C
and will report to head of credit analysis Tim
has left SVM
to join Hendersons.
Casson's SVM Continental Europe fund deputy, Andrew Dykes,
will assume the lead management role for the fund.
has been appointed as a senior analyst at Skandia.
Joining Skandia from Schroders,
Freeman-Shor will be responsible for US equity fund research
and analysis, reporting to head of equity research
and Jeff Atherton
are leaving Insight Investment.
Marriage has been co managing the Insight UK Smaller Cap and
Halifax Smaller Companies funds and is leaving to join
His co-manager, Ed Robinson,
will take on sole responsibility for the funds. Insight
Japan Equity manager Atherton is joining Stratton Street Capital
with head of Insight's international equities,
taking over his fund.
has joined Morley Fund Management
as an assistant fund manager within the firm’s property
multi-manager team. She joins from DTZ
currently at F&C,
is to join Threadneedle
taking over the European High Yield Bond fund as well as a
number of institutional mandates.
is to run the Standard Life
Ethical Bond fund due to be launched later this year.
who was earlier reported to be leaving
is joining Morley Fund Management
as North American equity fund manager for life and retail
funds as well as the Aviva American Equity SICAV. He will
report to head of North American Equities Penny Kyle.
has relinquished his post as manager of the Fidelity
Indian Focus fund in order to take on the chief investment
officer role at the group. The former incumbent
has moved to an alternative
role within the group. Gordon was also chief investment
officer for the Asia Pacific ex Japan region. Kathryn Matthews
has become CIO for South East Asia with the Indian fund now
being managed by Sandeep Kothari.
Following the resignation of
has taken over the management of three
fixed interest portfolios. She will manage the CitiBond
European Currencies, CitiBond European
Currencies Corporate and CitiBond Global Corporate
portfolios along with senior portfolio manager
Yvernault is joining
later this year.
has been appointed global chief investment officer at
Munro joins from AXA Investment Managers
and will report to Alain Dromer,
global chief executive officer of HSBC Investments.
American Companies Growth fund manager Robert
is leaving the company less than18 months after taking over
the vehicle. Cormac Weldon,
head of the US team and deputy on the fund, is running it in
the interim until a replacement is found.
has joined Morley
as their first dedicated residential property fund manager,
looking after the Beach Student Accomodation, TriInvestment
Residential and Capital Residential funds. Prior to joining
Morley Gardner was at Schroder Investment
is leaving DWS
to join Schroders'
global equities team and will run the recently launched
offshore ISF Global Equities Yield product. She was senior
manager for global equity portfolios at DWS and managed the
DWS Top Dividend fund.
have appointed 2 new members to their quantitative team.
and Jeffrey Kerrigan
join from Numeric Investors
and Fidelity Investment Management & Research
respectively and will report to head of global quantitative
strategies, Mike Gleason.
UK Growth fund manager Stephen Whittaker
has been made joint chief investment officer at the company
working alongside existing CIO Alan Miller.
Whittaker will continue to manage the UK Growth fund.
have appointed Jayne
as a senior investment manager to work alongside US Smaller
Companies fund manager Gil Knight.
Stevlingson joins Gartmore from Altura Asset
and will be based in Philadelphia.
Co manager of the
Continental European Smaller Companies and Pan European
Smaller Companies SICAV's,
is to leave the group to set up his own boutique. Sharpe was
previously assisted by
who now assumes sole responsibility for the funds.
has replaced Sanjeev Shah
as manager of the Fidelity UK Aggressive fund. Shah has
moved to manage the offshore European Aggressive fund
following the departure of previous manager David Baverez.
is leaving Morley Fund Management
to join Martin Currie
in November where he will run the Income fund. His deputy at
Morley, Dan Roberts
takes over from McKenzie with immediate effect.
British Opportunities fund manager Adam White
has stepped down to be replaced in the short term at least
by head of UK equities Paul Jourdan,
though it is expected that recent recruit Casper Trenchard
is to take over in the future.
UK thematic desk head
is one of a number of staff to be leaving following the
recent appointment of
to lead the team. Other leavers are
Natalie Briggs, Richard Wyatt
Man Wing Chung
has resigned his position as manager of the JPMorgan Fleming
Chinese Investment Trust. Chung's assistant Edward Liu
will continue to work on the fund and be the sole named
manager until such time as a new appointment is made.
European equity team as manager of the Scottish Widows
European Select Growth fund. He takes over from
who will continue to run several other European funds for
the group, including its Scottish Widows European Growth and
Swip European portfolios. Since leaving
in January 2004, Hibbert has worked for
where he also ran European money.
as lead manager on the
Global Technology fund while
has replaced Rajasekaran UK Growth Exempt fund.
have appointed Philip Rodrigs
as a UK equity analyst, working with UK Smaller Companies
manager Dan Hanbury.
Rodrigs was previously an analyst at T Rowe
has been appointed director of Pacific equities at
Akrigg was previously a portfolio manager in the Aisa
Pacific equities team at Morley.
Wholesale changes are taking place on the Threadneedle
UK equity desk. Head of equities Michael Taylor
is to take over the management of the UK Growth fund, with
the fund's previous head Forsyth
and two other managers believed to be leaving Threadneedle.
In addition, Taylor will also manage the UK Growth and UK
Accelerando funds, as well as replacing previous UK equity
head Graham Kitchen,
who as reported earlier, recently left to join
As reported earlier
reportedly to recreate his UK opportunities fund.
has been named manager of Invesco
Income & Growth following the earlier reported departure of
has been appointed as manager of the Newton
UK Opportunities fund to replace John Wood
who is moving to J O Hambro.
Russon has worked alongside Wood on the fund for a number of
UK equity head Graham Kitchen
is leaving to head up the UK Thematic team at Henderson Global Investors.
Kitchen was also manager of the Threadneedle UK Select
Growth fund. In a further related move, Invesco Perpetual
Income & Growth fund manager Andrew Jones
is joining Henderson's to work alongside Kitchen.
is joining Britannic Asset Management’s
liability driven investment team as an investment manager.
Chigariro was previously a consulting actuary at
Alexander Forbes Financial Services.
has joined Veritas Asset Management
as a global investment analyst covering companies across a
range of sectors. Stevenson was previously with
Dresdner Kleinwort Wasserstein.
have appointed Keith Robinson
and Stephanie Walsh
as fund manager analysts. Robinson joins from Isis Asset Management.
Walsh had previously been with Morley
as a Pan-European investment analyst.
have added two new names to their high yield team in order
to replace a number of current members who are leaving to
work for a hedge fund operation. David
is promoted internally within Threadneedle while
will join from Muzinich & Company.
has joined Schroders
to work alongside Denis Clough
in the European team, along
with another new member of the team, Gary Clarke.
Clough will manage the European fund with Howard-Spink
looking after the European Alpha Plus fund and Clarke taking
charge of two offshore portfolios. Howard-Spink's
replacement on the Jupiter European Special Situations fund
is Cedric de
Management of the
Smaller Companies fund has passed from
who was previously co-manager on the fund. Stick continues
to manage the Rathbone Special Situations and Income funds.
At the same time Rathbone CIO
has handed the management of the Global Opportunities fund
is leaving Gartmore
to join F&C
as co-manager of the US Smaller Companies fund, alongside
head of US smaller companies at the group. At Gartmore was
co-manager of the group's US Smaller Companies fund with
Ford joins F&C on 15 August. Knight will take over sole
management of Gartmore’s US Smaller Companies fund while the
group looks for a replacement.
has re-joined Newton
after leaving them to join Veritas
12 months ago. He has been appointed as a director of
investment management on the global equity team.
will take over as fund manager on the
TR Pacific Investment Trust after a handover period,
who is retiring. Beal joins Henderson from
Applegate Capital Management
in San Diego.
have appointed Samantha Burden
to manage investments in the global retail sector. Burden
was previously with M&G
where she managed the Blue Chip fund before being replaced
by George Tsinonis.
She will report to head of the global equity team,
equity income manager Michael Gifford
left the company after his UK Growth & Income fund was taken
over by ethical manager Ted Scott.
His departure leaves Julian Cane
as lead manager on the group’s UK Equity Income fund with
immediate effect. Cane will also manage the UK equity
portfolio of the F&C Managed Distribution fund.
has joined Insight Investment's
fixed income team and will be responsible for managing an
absolute return bond fund in the Absolute Insight range.
Prior to joining Insight he was with Auspex
has joined Schroders
as head of international property investment and research
and will take charge of the upcoming Global Properties
Securities fund. He was previously head of European property
Global Technology fund manager Greg Kerr
has left the group and been replaced by Aled
This change comes as M&G are establishing a global equities
team led by Graham French.
is taking over management of the Credit Suisse
Smaller Companies fund from Crispin Finn.
Harris has been working alongside Finn, who moves into the
deputy position, for the past three years. He also
co-manages CSAM’s Fellowship fund with with Suzie Kemp.
has joined Morley
as head of equities from business consultancy McKinsey.
is to join State Street Global Markets
president of its UK equity sales team. Swift recently worked
as director of European technology sales for Credit Suisse First Boston.
Smaller Companies Trust manager Sandy Fleming
is to be replaced by Peter Ewins,
who currently runs their UK assets, on 1 August. Fleming's
role as head of UK smaller companies has been given to
manager of the F&C Aim and UK Smaller Companies funds.
has joined the Gartmore
global equities team from H M Treasury.
head of fixed interest, Andrew Tunks
is to take over management of the Dynamic Bond fund as
leaves the group. Chris Higham
joins the fixed interest team as an assistant manager
working with Tunks and Corporate Bond fund manager
has left Tilney Mutual
to join JO Hambro
to manage a US growth fund planned for launch later in the
have appointed Chantal
as head of their alternative investment management and
structured and indexed management teams.
US equity fund manager Phil Chappell
is stepping down from the management of the North American
and North American Smaller Companies funds. Andrew Herberts
moves up to lead manager.
Co-manager of the Gartmore
UK Growth fund Eric Moore
has left the company to join Insight.
Moore joins Insight as a senior portfolio manager in the
core UK equity team and reports to head of UK equities
The Gartmore UK Growth fund will continue to be run by
and Sacha Sadan.
Manager of the
Sterling Corporate Bond fund,
in September to run an absolute return bond portfolio. The
product to be launched by the end of this year.
Stewardship Income fund manager Ted Scott
to take over the management of the UK Growth & Income fund
from Michael Gifford.
Gifford will continue to manage the Equity Income fund.
is taking an extended break from his duties with his funds
being run by their various deputies until his return in
will run the Gilt & Fixed Income fund as well as sharing the
management of the Global Managed Bond fund with
will run the European Corporate Bond fund and the High
Interest fund will be run by
Claire Brownand David
global co-head of equities Greg Sawers
has left the group leaving Mark Burgess
as the global head of equities.
is joining Premier
as European fund manager to replace James Buckley
when he moved to his new position as European fund manager
at Baring Asset
in the summer.
has been appointed as lead manager of the Neptune Investment Management
Japan Opportunities fund.
has taken over as head of socially responsible investment at
Michaelis takes over after the previous head Clare Brook
stepped down to focus on business development for the SRI
business. Michaelis becomes lead manager on the Sustainable
Future UK Growth and Sustainable Future Managed funds. The
Sustainable Future Absolute Growth and Sustainable Future
Global Growth funds are taken on by Paul Udall.
Michaelis will continue to run the Norwich UK Ethical fund,
while Julie Quinn
will continue to run Sustainable Future European Equity and
retains the Sustainable Future Corporate Bond fund. Brook
and Michaelis both joined Morley in 2000.
European Focus fund manager
is set to join
later this year, though an exact role has not yet been
have recruited Iain Hannah
from Abbey National Asset Managers
to run both retail and institutional US money. Hannah will
report to head of US equities Alison Porter.
is to take over the management of the Framlington
High Income fund from George Luckraft.
This will enable Luckraft to concentrate on his Equity
Income and Monthly Income funds.
chief investment officer and Mutual Shares fund manager
has been replaced by Peter Langerman
as manager of the Mutual Shares fund. Langerman also becomes
chief executive of the group with Michael
being named as chief investment officer.
head of investment Richard Horlick
is stepping down from the board of the company and his
responsibilities are to be filled by Alan
former group CIO and vice-chairman of State
Street Global Advisers.
Brown, who will be a member of Schroders’group management
committee, assumes the role in July.
has taken over as manager of Fidelity’s
US Dollar Bond fund, replacing Ian Spreadbury.
In addition to the US Dollar Bond portfolio Lavelle manages
Fidelity’s Euro Balanced and Euro Corporate Bond funds and
some institutional mandates. Although Spreadbury has stepped
down from this product, he continues to run the firm’s
Sterling Bond fund as well as Euro High Yield, Extra Income
and MoneyBuilder Income.
has been replaced by Andrew Wilmont
as manager of the Axa
Global High Income fund.
European Growth fund manager James Buckley
is moving to Barings
in the summer to manage their European Growth fund. At this
time Premier have not announced a replacement.
the previous manager left Barings at the beginning of the
month and the fund will be run by European desk head
until Buckley's arrival.
has been appointed as a sector specialist in Investec's
four factor equity team. Merwitz joins from LECG Europe
and will report to head of global equities Mark Breedon.
have appointed Simon Clinch
as director of US equities. Clinch was previously head of
North American equities at Aberdeen Asset
He reports to F&C head of US equities Rupert
as director of Japanese equities. Hickey was previously with
Shell Pensions Management Services
and will report to F&C head of Pacific Basin equities
is to take over the management of the Neptune
European Opportunities fund after Barry Norris
and Oliver Russ
left to establish their own boutique. Burnett has been with
Neptune since 2002 and has been lead manager on the Japan
Opportunities fund since last year. He will be assisted on
the European Opps fund by Neptune founder, Robin Geffen.
is joining Credit Suisse
as head of European equities in July after leaving
He replaces Norbert Beiner
who left Credit Suisse at the end of last month.
joint Global CIO equities for Gartmore,
is joining Merrill Lynch Investment Managers
as CIO for Europe, Middle East, Africa and Pacific and will
report to Merril's CIO Bob Doll.
CIO for Pacific ex Japan Equity, Leong Wah
has left the group and is being replaced by his deputy
who is taking over as head of Asia ex Japan equities in
addition to taking responsibility for the Schroder Pacific
and Schroder ISF Pacific funds.
have also made a number of appointments to their emerging
markets desk. Waj Hashmi
joins from WestLB Asset
as a global emerging markets manager, Liesbeth
as head of Europe, Mid-East and Africa from JPMorgan Fleming,
along with Claudio Brocado
as head of Latin America from Fidelity.
have appointed Phillipe Brugere-Trelat
as vice president and co-manager of the Sicav, Franklin
Mutual European fund. He was previously president and
portfolio manager of Eurovest.
has joined institutional investment manager Pictet Asset
as a senior investment manager looking at the global
healthcare sector. Prior to joining Pictet Booty was head of
pharmaceuticals and healthcare at Commerzbank
has been replaced as manager of the Credit Suisse Orient
fund by Boon-Hong Yeo.
Three members of the
high yield bond team have left to join a hedge fund. High
Yield Bond fund deputy manager
are the three to leave, with replacements expected to be
found as the result of an internal reshuffle of existing
has joined Insight Investment
as a UK equity fund manager. Eaton will report to head of UK
equities John Bearman
and was previously at Newton Investment
where he was latterly director of investment management,
specialist benchmark funds. Eaton will additionally be
responsible for a range of institutional funds for HBOS
group clients and is taking over management of five of the
group’s pension fund offerings, Clerical Medical Performance
Pension, Clerical Medical Unit Linked Life, CMI UK Equity,
Halifax Special Situations and Bank of Scotland Balanced.
Eaton is taking over all five funds from Jill
who believed to be leaving the industry.
UK Equity fund manager Robin Geffen
has relinquished management of the fund in order to
concentrate on the group's UK Income portfolio. Management
of the equity fund passes to Greg Bennet
who was previously Geffen's deputy on the Income portfolio
and manager of Neptune US Opportunities. Felix
becomes manager of US Opportunities.
have appointed David Benson
as an analyst and UK equity product specialist. Benson joins
from Deutsche Asset Management
where he was director of UK institutional business
is to step down as lead manager on
European Select Growth fund to be replaced by his deputy
O’Dea will remain on the fund as Cliff’s deputy and will
continue to manage the Crescendo European fund.
has stepped down as manager of three Legg Mason
retail portfolios to work on life funds for Morley.
Westwood was lead manager of the UK Equity, UK Income and UK
Opportunities funds at Legg Mason and there are no immediate
plans to replace him. Westwood will report to Lloyd Whitworth,
the head of core UK equities at Morley.
have appointed Ross Watson
manage their UK Income fund which was previously managed by
Watson joined them from Aberdeen Asset
is to take over the management of the DWS
European Growth portfolio, replacing David Haysey
who is leaving the company. Anand has been managing DWS's
European Opportunities fund since last year.
has resigned his position as manager of 6 of Scottish Widows'
funds in order to join Henderson Global
as head of credit. Neil Murray
will manage the Corporate Bond fund in addition to the
Scottish Widows Strategic Income, Corporate Bond Plus and
Extra Income portfolios. Murray will run the European
Corporate Bond fund jointly with Steve Logan,
while current head of bond fund management Stuart McMaster
will be responsible for the High Yield portfolio as well as
the offshore bond funds Quantrill ran for parent company
is leaving JO Hambro Investment Managers
and being replaced by two new managers. Alexandra Pritchard
will manage the European fund while the Waverton Pan
European fund will be managed by Oliver Kelton.
Jacob De Wit
has been appointed as head of fixed income at F&C Asset Management.
De Wit joins from SNS Asset Management
in the Netherlands. He replaces Helene
who is to focus on investment management and assume the role
of head of emerging debt.
have appointed John Wilson
and Nicole Mardell
as analysts on the global equities team. Wilson was
previously with HSBC Asset Management
in Tokyo while Mardell joins from First State
A reshuffle at
sees a number of changes with
return to running retail money after some time managing
institutional mandates. Along with
Wood-Martin will co-manage the Henderson Japan Capital
Growth Portfolio and the Horizon Japanese Equities fund.
takes over management of the Henderson Pacific Capital
Growth and Horizon Pacific Equity funds from
who has taken the role of head of Asian equities excluding
assumes the management of the Horizon Japanese Smaller
Companies fund, taking over from
who is taking on Wood-Martin's institutional
have appointed Victor Chu
analyst on their emerging markets and Asian equities team.
He joins from Mercers
and will be working closely with manager of the Aviva funds
and Asia Pacific Equity fund Sally Macdonald.
has been appointed as co-manager of the Investec
Managed Growth fund to work alongside Philip
Prior to joining Investec King was a director at
JO Hambro Capital Management.
Julian Le Beron
has been replaced as manager of the JPMorgan
Global ex UK Bond fund, through he will reportedly still be
involved with the fund after Seamus Brown
has been appointed as co-manager of the
US Opportunities fund.
head of UK equities Graham Kitchen
has taken over the management of the UK Accelerando and UK
Select Growth funds following the departure of
has joined Britannic Asset Management
as a property director at their Glasgow headquarters where
he will be responsible for asset management and UK property
has made two new appointments to its strategy and economics
team. Stewart Robertson
has joined the group as senior economist of UK and Europe
and James Kenney
has been appointed as a derivatives analyst. Robertson joins
from Lombard Street Research
and Kenney joined in February from Mercer
Elizabeth Davis is appointed as a quantitative
analyst at Rathbone Unit Trust Management.
have appointed Ope Agbaje
to their European credit research team.
Health and Biotech funds manager Antony
is to reduce his role. Although he will still have an input
into stock selection he will no longer be working in a full
time capacity. Deane Donnigan
co-managers of the Health and Biotech funds, along with
who co-manages the FIP Health fund will all take full
control of their respective funds from April.
will replace Richard Burns
as manager of the Baillie Gifford
Monks investment trust when Burns retires next month. Smith
is already a partner in Baillie Gifford. Deputy chief
investment officer and manager of the Scottish Mortgage
Investment Trust, James Anderson,
will replace Burns as chief investment officer.
Old Mutual Asset
have appointed Andrew Tunks
as head of fixed income replacing Sofia Skalistiri
who remains with the group as head of global bonds. Tunks
was previously with Isis,
leaving during the merger with F&C.
is to join Royal London
as manager of the UK Equity Income trust with additional
responsibilities for the group's UK equity income life and
pension portfolios. Cholwill was formerly with
and replaces Bradley Mitchell,
who will manage the small and mid-cap elements of Royal
London's life and pensions portfolio.
to run the offshore MLIIF fund. He will report to head of
Dynamic fund co-manager James Elliot
has left the group, reportedly to join a hedge fund group.
Elliot was head of European retail business and co-manager
of a number of funds including the UK Dynamic fund, Premier
Equity Growth fund and the Europe fund.
has been appointed as chief investment officer at
He was previously head of investments and corporate treasury
at Lincoln Investment Management.
has left Premier
where he was fund of funds manager, to be replaced by
who currently runs Premier International Utilities and
Premier European Utilities. Hallen
has joined Skandia Investment Management
as a fund manager, reporting to CIO Alan
he will work on the group's multi-manager products.
have appointed Gary McAleese
and Anne Richards
as co managers of the Murray Income Trust. Previous manager
is leaving to join Martin Currie
as a director.
has joined Progressive Asset Management
as CIO of its emerging markets section.
have appointed Rupert Brandt
as lead manager of the Emerging Markets Investment Trust following
the departure of Nick
In addition to this new responsibility Brandt will retain his roles
as director of emerging markets and manager of the Latin American
Investment Trust and Latin American Equity Oeic.
Frank Ho and Jamie Lewin
are appointed to Gartmore's
Pacific and Emerging Markets Equities
Team. Ho was previously Gartmore's Japanese technology analyst,
Lewin was previously in their Strategic Research Unit.
F&C European and European
Prime fund manager Davina Curling
has taken over the management of the Foreign & Colonial Eurotrust,
replacing Stephen White
who remains with the company.
The vacant role of Chief
Investment Officer at Aegon Asset
Management is being filled by
who has previously been CIO at ABN Amro
and deputy CIO at Gartmore.
has joined the Jupiter Asia team. He was previously head of global
equities at Cazenove.
Russell Silbertson has
rejoined Investec Asset Management
after previously leaving to join
Cazenove in 2001. He will be
part of the fixed income team.
Newton Balanced fund manager
is leaving the company after some 13 years to join Capital International Funds.
will take over the management of the fund in addition to his
management of the Newton Exempt and Absolute Intrepid funds.
Michael Gonnard has left
where he managed the UK Corporate Bond fund. He is replaced by
who has previously worked as a credit analyst on the portfolio.
Ian Hargreaves and Stephanie Wu
have joined the Asian equities team at
Invesco Perpetual. Hargreaves
joins from Invesco's Hong Kong team.
Aled Smith to lead manager on the American
Fund following the departure of Samantha Burden.
Tsinonis also becomes lead manager on the Blue Chip Fund.
Tsinonis is also head of the equity structured products team.
Kukulijan will take over the day to day running of the
Jupiter Eastern European fund while current manager
Shaftan takes maternity leave from the end of April.
The death of
GAM fund manager
John Mytton has seen a
reorganisation of responsibilities. Lesley Kaye and
Michael Lai have assumed the responsibility for the Pacific,
Star Asia Pacific Equity and SEC Pacific Basin funds.
Neil Smeaton has left
closure of their Edinburgh operation. The management of Smeaton's US
Equity Focus fund has been passed to US boutique Boston Partners.
Global Investors equity income funds are to be managed by its
investment trust team as part of an ongoing restructuring operation.
James Henderson and Job Curtis will manage the Equity
Income and Extra Income funds. John Patullo, manager of the
Preference and Bond fund, retains responsibility for bond investment
in the Extra Income portfolio.