Style Research, the London-based company which provides Style-based equity research and portfolio analysis services, has expanded into North America and appointed Bernie Nelson as business director of its new office.
Nelson was previously head of portfolio risk and head of quantitative analysis at Scottish Widows Investment Partnership where he was responsible for developing portfolio risk management systems and integrating quantitative techniques across the investment process.
The opening of a North American office, in Boston Massachusetts, represents Style Research’s first foreign office.
By Janet Du Chenne
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.