Jupiter has appointed Simon Hynes as director of retail distribution. Hynes, who joined Jupiter from F&C in 2002, will take on additional responsibility for sales activities through the advisory channel with both regional sales managers and broker sales teams at Jupiter reporting to him. Tom Pearson will continue to run the asset management sales operation with the pair reporting to Gordon Davidson, joint managing director of Jupiter Unit Trust Managers.
FundQuest, a global provider of open-architecture investment solutions and services, has appointed Christian Elsmark head of business development and global services for its global (excluding US) business. Elsmark joined the company in April 2006 having been hired by BNP Paribas Asset Management as a strategic consultant in September 2005. Based in London he will report to Philip Marchessaux, senior member of the executive committee of BNP Paribas Asset Management.
The Institute of Financial Planning has launched a new service allowing advisers to register for regulatory qualifications on the internet. For example, advisers can register for the Certificate in Mortgage Advice Practice and receive instant confirmation by email. The service is designed to tackle the problem of advisers putting off paper-based applications. Advisers needing to register for a regulatory qualification should visit www.ifslearning.com/regulations/register.cfm.
Henderson has shuffled fund responsibilities within the group's 12-strong Pan-European Equities team, with Paul Casson taking over the £400m European Capital Growth fund. Casson, who joined in October 2005 from SVM, takes over from John Botham who has managed the fund since 1994. Botham will continue to run the Horizon Continental European Equity fund and will also head up the group's £1.1bn European institutional funds business, supported by Andrew Koch.
FundsNetwork has widened the choice of distribution and property fund links available to advisers by offering a further nine funds to its investment bond. The group has added six new property vehicles bringing the total number available on the platform to 11. New vehicles include the M&G Property Portfolio, Schroder Global Property Securities and Standard Life Select Property. The distribution side sees new funds offered from F&C Multi-Manager, Prudential and Standard Life Investments.
F&C has boosted its Pacific Equities desk with the appointment of senior fund manager Peter Dalgliesh as director. Dalgliesh, who joins from Gartmore Investment Management, will take lead responsibility for the Pacific Assets Trust plc. He will report to Mike Hanbury-Williams, head of Pacific Equities.
threesixty has teamed up with Brodies Solicitors to offer the group's IFA clients help with employee relations. In addition to offering threesixty clients' advice on the drafting of standard contracts of employment and consultancy agreements, Brodies will also provide toolkits on a variety of topics such as compromise agreements, employment status and data protection. The toolkits are designed to reduce the dependency on legal advisers by providing both a standard agreement and supporting matrix.
Axa Framlington has added to its European Desk with the appointment of Tim Short as fund manager. Short joins the group after nine years at Société Générale Asset Management, he has also worked at UBS Warburg and Jones Lang Wootton/La Salle Management. Replacing Chris Armstrong, Short will work closely with Mark Hargreaves who manages the Axa Framlington European fund.
Scottish Widows Investment Partnership (Swip) has hired Ian Vose as head of global developed markets. Vose, who has over 23 years' experience in the fund management industry, will be responsible for the performance of Swip's global, Japanese and US equity funds. He joins the group on 31 July and will report to Graham Wood, CIO for equities at SWIP.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till