Santander
PEOPLE MOVES: Hawksmoor IM, Santander, Quilter Cheviot
CEO and founder leaves UK investment manager and DFM bolsters operation with four hires
People Moves | 7 Aug 18
PEOPLE MOVES: Brown Shipley, Highvern, Fairstone
Trust adds Middle Eastern family focus, chief tempts ex-colleague and IFA firm appoints from Cofunds
Asset managers failing at plain English
Standard Life, Legal & General and Santander are among the high profile firms named in a report that criticises asset managers for using obscure language, long sentences and jargon on their websites.
PEOPLE MOVES: Old Mutual Wealth, Enhance Group, LGT Vestra
Wealth management firm Old Mutual Wealth gears up for its proposed demerger and listing on the London and Johannesburg Stock Exchanges next year with a flurry of top level appointments. While Jersey-based wealth consultancy Enhance Group gets a new chief executive and chairman.
Allfunds Bank to be sold in €1.8bn deal
Allfunds Bank is to be sold to private equity firm Hellman & Friedman and Singapore’s sovereign wealth fund, GIC, in a deal that values the European mutual fund platform at €1.8bn (£1.55bn, $1.9bn).