Industry

Scottish Widows Investment Partnership's Daniel McKernan is to join Standard Life Investments as head of sterling investment grade credit.

Aegon is cutting its sales force and support roles by 160 with immediate effect and will be closing all six regional sales centres over the next six months.

Justin Onuekwusi,lead fund manager on Aviva Investors' multi-asset funds, is to exit the firm.

Hedge fund manager Man Group's shares nosedived on Wednesday, after its flagship hedge fund AHL reported one of its biggest weekly losses.

ING IM International has appointed BlackRock managing director Stan Beckers as chief executive officer following the departure of Gilbert Van Hassel.

ING IM has hired a new head of emerging market debt(EMD) from Aviva Investors.

Kames Capital is planning to launch an "aggressive" rates fund to prepare for an eventual increase in interest rates on government bonds.

Chris Colclough has been promoted to head of portfolio management for Guernsey at Canaccord Genuity Wealth Management, formerly Collins Stewart Wealth Management.

BlackRock has hired Daniel Whitestone from UBS to bolster its UK small- and mid-cap equities team.

Martin Gilbert, the chief executive of Aberdeen Asset Management, has announced he is to resign from his role as chairman of beleaguered transport business FirstGroup, on the day the group also announced it is undertaking a rights issue.