Edinburgh Fund Managers has recruited David Binnie as a senior investment manager for UK large caps from rival Edinburgh manager Scottish Life.
Binnie will be principally responsible for the management of Dunedin Income & Growth Investment Trust as well as a number of other UK equity funds. He will initially report to Iain Beattie, deputy chief investment officer.
Binnie spent 18 years fulfilling a variety of fund management briefs at Scottish Life. For the last six years he has been responsible for UK portfolios and since 1997 has also had a supervisory role on the US and European teams and is actively involved in the global asset allocation process.
By Scott Anderson
Collective defined contribution (CDC) savers should be allowed to access pension freedoms when the scheme is rolled out, last week's Pensions Buzz respondents said.
Partner Insight: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.