Royal London adds CIO

Professional Adviser
clock

Andrew Carter, head of UK equities at Gartmore, has left the group to join Royal London Asset Manage...

Andrew Carter, head of UK equities at Gartmore, has left the group to join Royal London Asset Management as chief investment officer, writes Simon Falush. Carter, who is set to take up the new post in autumn, will take charge of the overall asset allocation process for both retail and institutional money at Royal London, which has £28.5bn in funds under management. Carter was taken on as his investment philosophy was close to Royal London's existing approach, according to Christopher Phillips, chief executive officer, who has been acting CIO until now. Phillips said: 'The change sh...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •