A bout of travel fever has hit Friends Ivory & Sime (FIS) and Amvescap which are revamping operations...
A bout of travel fever has hit Friends Ivory & Sime (FIS) and Amvescap which are revamping operations by moving staff around the UK and Ireland. FIS is moving funds worth £1bn and associated staff from London up to Edinburgh as part of a realignment of its "fund management responsibilities". The change is part of its streamlining of funds into three categories, reflecting the three major groupings of equities: large, medium and small caps. The operations moving to Edinburgh will be focused on mid-cap stocks for FIS's equity portfolios, under the guidance of Rodger McNair, dire...
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