Industry

The investment trusts for 2015 outperformance

Former international cricketer Douglas Lockhart has joined Tilney Bestinvest as an associate director.

Former Barclays Wealth director Yolande Escher has joined BNY Mellon's wealth management business.

David Muncaster has joined specialist asset manager Bordier (UK) to lead its commercial activities.

Hedge fund manager Crispin Odey netted a pay packet of £47.8m in the year to April 2014 after his boutique more than trebled profits.

Morningstar has launched a range of four real return portfolios as it further expands its discretionary management service.

Brewin Dolphin's Angus Kerr, Lindsay Strachan and four colleagues are moving to Rathbones to set up a new Glasgow office for the wealth manager.

Charles Stanley's Chris Bolshaw and Jeremy Sharp and five of their colleagues are to join Walker Crips to open a new office in Truro at the end of February.

Neuberger Berman has become entirely employee-owned once more after a management buyout to buy back the Lehman estate's stake in the firm.

Conventional monetary policy is "exhausted" and the key challenge for policymakers next year will be stimulating growth, says Threadneedle's Mark Burgess.