UK/EUROPE - JP Morgan Fleming Asset Management has finalised the new structure of its European equities Team.
William Meadon, James Elliot and Chris Complin have been appointed as head of European institutional funds, head of European retail funds and head of the European equities investment process respectively.
Meadon has 19 years industry experience as a senior fund manager and has managed segregated funds for the European equities team for the last six years.
Chris Complin will be CIO. He has been a senior member of the European equities team for the last four years, managing both European large cap and style funds.
Andrew Spencer, head of European Equities commented: “The key to our success has been pioneering the barbell approach - a winning formula for nearly ten years and style investing in Europe over two years ago.”
There is no change to Robert Machell’s equity funds and team which continues to report to Pablo Forero, chief investment officer of JP Morgan’s equity process.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.