Industry

The private equity firms eyeing wrap provider Transact have withdrawn their approaches, Investment Week understands.

Sarasin & Partners has expanded its sales team with two new hires, in an effort to increase the distribution of its offering to the discretionary market.

Gregor Stewart, a former FD of Lloyds Banking Group's insurance division, has joined Alliance Trust as a non-executive director.

Pure and simple

Firms need to be clearer on in-house products

‘Targeting volatility can leave you behind the curve'

'Charges debate is about value as well as clarity'

Now in their sixth year, Investment Week's Sustainable Investment Awards 2014, held at Le Méridien Piccadilly, London on 26 November, are aimed at fund managers and organisations at the forefront of sustainability investing.

Lyxor Asset Management has restructured its business into three areas in an effort to achieve an ambitious growth objective over the next three years.

Clive Cowdery, the former head of Resolution and major shareholder at Friends Life, is set to walk away with £160m from the £5.6bn takeover deal announced on Friday.