Story by: By Bradley Gerrard, InvestmentAdviser
Dean Cheeseman and Oliver Sonnbichler will leave F&C Investments following the migration of all F&C multi-manager funds to Thames River Multi-Capital, creating a retail offering with £1.3bn under management.
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The FSA’s consultation paper, Revising the Remuneration Code, is the latest in a long line of statements designed to address what the government saw as being a major contributor to the financial crisis, namely the way many in the City are rewarded.
Economic growth remains stifled in the developed world, leaving many sectors struggling to outperform the market, yet technology stocks are among those with the ability to shine in this climate.
Diary has learned of the baking skills at Royal London Asset Management (RLAM), and it's all in aid of charity.
Castlestone Management has said its Next 11 Emerging Markets fund, poised for launch at the beginning of Q4, will be a solid opportunity to get Bric-like returns with greater diversification.
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Multi-managers are predominantly known for scouring the investment universe not for stock opportunities, as single-manager funds do, but for 'best of breed' or 'star' fund managers to gather into one portfolio.
Location: London
Salary: £30000 - £40000 per annum
Location: Essex
Salary: £18000 - £21000 per annum
Location: Manchester
Salary: £30000 per annum