Threadneedle's Ring replaces Fleming as head of distribution

Ring, who joined Threadneedle five years ago and had been global head of product, will be responsible for leading the group's sales, client service, marketing and product development efforts. The ex-Northern Trust man has overseen the launch of Threadneedle's commodity products and establishment of its absolute return range, as well as heading the group's North American distribution team since mid-2011. He will report to Fleming and will also join the company's business executive committee. "[Ring] brings to the head of distribution role extensive technical knowledge and industry e...