Peter Lees has resigned from F&C, two months after handing over his UK equity fund to other managers.
All this week's key events, hires and fires (plus a quick joke)
...the investment calls on the cards for Q1
..the UK. With an election looming and a weaker sterling, how attractive are home grown investments?
...bonds. With yields nearing negative territory, are bonds 'uninvestable'?
..equities. Are they really attractive, or just the only game in town?
...Europe. What lies ahead as deflation, elections and QE loom large?
... oil. What is the deep impact of a radically lower oil price?
T. Rowe Price has appointed the former head of UK retail at F&C, John Yule, as head of intermediary relationship management, UK and Ireland.
Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-Retail Distribution Review (RDR) revival for the sector gets underway.