First appointment since Godfrey's exit

Hiring two investment managers

Platform sales of £1.6bn in Q3 'best this year'

Eclectica Asset Management's Hugh Hendry has tried to calm investor fears of a market crash, arguing recent turmoil has remained contained in "a curious way".

Two funds to be run by external groups including Schroders and TwentyFour

First official forewarning of a possible increase since '99 says former economist

Position in global miners weighs on returns

Departure after six years at firm

Ten funds holding more than £200m in total assets moved as part of deal

Justin Onuekwusi to run the funds