Sanlam

JOHCM's Clive Beagles has seen his UK Equity Income fund demoted in Sanlam Private Investments' latest Income Study, while AXA Investment Management's George Luckraft has moved on to the recommended list.

Sanlam International Investment has taken over fund research and selection from SPI following the departure of Paul Surguy earlier this month.

Asset managers have revealed the hard limits they are imposing on entertainment budgets ahead of a potential FCA ban on corporate hospitality

Sanlam International Investments is to significantly increase its stake in boutique FOUR Capital in order to work more closely with the business.

Funds from BlackRock and J.P. Morgan have been added to Sanlam Private Investment's bi-annual list of underperforming income portfolios after a tough year for some of their mandates.

Sanlam Private Investments (SPI) is launching a global equity fund as well as a fund providing investors with an alternative to cash as it moves to broaden its range of retail mandates.

Sanlam is to streamline its business in the UK and is considering merging its Sanlam Private Investments (SPI) arm and Sanlam UK brands.

Samlam Private Wealth has bought two more financial planning client banks - taking the total of acquired banks to 15 since 2009.

RISK

South African financial services group, Sanlam has sold its 22% stake in Punter Southall to management of the firm.