bestinvest

The proportion of UK retail funds managed by women has stagnated over the past year, according a study by Tilney Bestinvest.

Tilney Bestinvest has strengthened its board with the appointment of former Financial Services Authority chief John Tiner and Betfair CEO Breon Corcoran as non-execs.

Saga Investment Services, the recently launched financial planning business, has appointed Nicola Audhlam-Gardiner as managing director.

Former Signia Wealth director Martin King has joined Tilney Bestinvest to lead its investment management division.

Bestinvest founder John Spiers has hired a six-strong team for the launch of a new investment service at his recently acquired wealth management business, EQ Investors.

Tilney Bestinvest has named nine funds that have consistently earned its top fund rating over the past five years.

The partners of Seven Investment Management (7IM) are considering selling the business, according to reports.

Nine Aberdeen funds have made Tilney Bestinvest's 'dog list' of underperforming funds, as the SWIP acquisition and a US underweight in its global funds dragged on performance.

Saga and Tilney Bestinvest are to launch a joint venture offering investment and financial planning services to the UK's over-50s.

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