Managed solutions

Tineke Frikkee is to exit BNY Mellon and join Smith & Williamson Investment Management in July to run its UK Equity Income Trust.

Architas chief investment officer Caspar Rock believes convertible bonds are an overlooked way of reducing volatility in an equity portfolio.

Cazenove Capital's European manager Chris Rice has left the firm, ahead of Schroders' takeover of the group next month.

Barclays' wealth division has closed its discretionary fund management service to advised clients with less than £250,000 of investable assets.

Investors should be thinking about cutting their exposure to Asia and emerging markets and looking more to the developed world, according to F&C co-head of multi-manager Gary Potter.

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