Investment

Former Wealth Management Association (WMA) chief executive Tim May has joined Investec Wealth & Investment as a non-executive director.

Zurich UK Life is to boost its investment proposition for advisers with the launch of an authorised corporate director (ACD) service, which will allow it to launch own-branded funds managed by a number of external partners.

Threadneedle is planning to launch an OEIC version of Jim Cielinski's $315m Global Opportunities Bond fund later this year, in response to demand from clients.

Threadneedle has rebranded as Columbia Threadneedle Investments after completing a formal tie-up with its US sister company.

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Stephen Adams, head of UK equities at Kames Capital, has been promoted to head of the group's wider equities business.

RBC Wealth Management, part of the Royal Bank of Canada, has appointed Antony Johnson as head of distribution.

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