F&C has named John Yule as its new UK retail head, following Nick Criticos' move to F&C REIT.
Yule, the firm’s former retail distribution head, reports to F&C’s distribution and business development chief Cristobal Mendez de Vigo. Earlier this week, F&C announced Criticos will be the CEO of its new property investment joint venture F&C REIT Asset Management. F&C will pay REIT owners £25m cash and £35m in loan notes for a 70% ownership of the new firm. IFAonline
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