F&C hires RWC’s Bennett as sales team restructure continues

RWC’s John Bennett has joined F&C Investments as the firm boosts its sales team by creating two new head of wholesale roles.

F&C has hired Mr Bennett to be head of wholesale institutions, responsible for selling F&C funds to fund of funds, banks and fund buyers at financial institutions.

Mr Bennett had been head of retail distribution at RWC Partners for the past four years, having spent 14 years at JPMorgan Asset Management, latterly as head of UK international sales.

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F&C has also promoted Martin Weisinger to be head of wholesale private wealth, having been on the firm’s wholesale distribution team for the past 11 years.

The appointments continue F&C’s refocusing of its sales strategy following the hire of Rob Thorpe as head of consumer last year, dividing its sales teams into two, “one focusing on nationals, networks, life companies and platforms, and the other taking a regional approach”.