Neptune
PEOPLE MOVES: Pakistan, Old Mutual Wealth, Jupiter
The Panama Papers fallout continues with the prime minister of Pakistan resigning. Old Mutual Wealth has hired an investment specialist to support advisers, while Jupiter’s head of Middle East & Africa has left the company.
PEOPLE MOVES: Old Mutual director runs for Zimbabwe presidency
An Old Mutual director is to run for president of Zimbabwe, while Old Mutual Asset Management and Axa Asia are both losing their chief executives. Deutsche Bank Wealth Management has appointed a former Coutts & Co chief executive to head up its UK business.
India’s return to favour as an investment destination
Domestic reforms and global growth are opening India back up as an investor hotspot and Neptune India Fund manager Kunal Desai believes this is India’s new dawn and the recovery of its corporate earnings is just the beginning.
People Moves | 5 May 17
PEOPLE MOVES: Hargreaves, LV=, Neptune, Sanlam
Investment platform Hargreaves Lansdown announced a major recruitment drive in its marketing team, while state-backed UK agency Nest poaches LV=’s head of pensions. Neptune hires former M&G head as a special adviser as Standard Life makes a round of promotions.
Risks rising in UK equity income sector, says Neptune
UK equity income managers are corrupting what is supposed to be a “safe sector” by taking too much dividend and capital risk, according to Neptune Investment Management chief executive Robin Geffen.