Saunderson House
£5.1bn UK advice firm up for sale
Despite growing assets under management by 10%, the parent company of UK advice firm Saunderson House is looking to sell the business. Sipp provider James Hay will be retained, even as it faces a £20m fine for investments in defunct Guernsey-listed biofuel scheme Elysian Fuels.
PEOPLE MOVES: Lombard Odier, J O Hambro, PPF
Lombard Odier’s global chief investment officer has announced his retirement, while J O Hambro has hired two sales managers. Meanwhile, the boss of the Pension Protection Fund is to leave after nine years at the helm of the UK’s pensions lifeboat.
PEOPLE MOVES: Cigna, Lombard Int’l, Woodford
Global health insurer Cigna has boosted its distribution platform in Asia Pacific with two senior hires. Lombard International Assurance has appointed a head of France, while Woodford has raided his alma mater Invesco Perpetual to find a head of third party relationships.
Investment | 22 Feb 17
The benefits of buying cheap and holding on
Specialist wealth manager Saunderson House used its valuation principles to place some bold bets in 2016 and, though the wait may have proved uncomfortable, the moves paid off, says investment director Chris Sexton.
Profiles & Comment | 27 Jun 11
Ailo takes first step to a more open world
How to reward financial advisers is one of the most talked about topics in the financial sector