Investment

Pre-tax profits at Polar Capital have dipped 5% after outflows from its Japanese strategies saw the fund house's AUM take a £625m hit.

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Keith Skeoch, current chief executive of Standard Life Investments, is to take over from David Nish as head of parent company Standard Life.

Sanlam's head of business development Andy Davies has joined Momentum Global Investment Management as head of UK retail sales.

Mike Fullalove has joined Barclays Wealth and Investment Management from Alliance Bernstein as its new head of fund products.

Old Mutual Global Investors' UK equity head Richard Buxton believes it may be "too late to save HSBC" as the company considers redomiciling its headquarters.

Lazard has hired former Henderson manager Léopold Arminjon to run a new European equities strategy.

Anthony Bolton has urged investors to be "steely" and hold on to their nerve particularly during volatile times, as he talked about his tenure as fund manager of the UK's largest unit trust.

By Alliance Trust Investments