Hale becomes CIO of Skandia mutual funds

Professional Adviser
clock

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 Ska...

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 •