Skandia has hired Clive Hale as chief investment officer of its mutual fund business. Investment Wee...
Skandia has hired Clive Hale as chief investment officer of its mutual fund business. Investment Week understands Skandia has also taken on Michael McClougherty, formerly with Merrill Lynch Investment Managers, as sales director. Hale, previously investment director at John Scott and Partners, will report to Jamie MacLeod, who Skandia took on in July as managing director of its UK oeic business. Jim Roberts, Skandia's group investment director, said Hale will oversee the investment process, as well as talking with the Southampton-based investment research team. Roberts would not confirm Skandia had hired McClougherty.
Despite improved risk appetite
FOS award limit increase
Relates to 136 million transaction reports
Ceremony will take place 13 November