UK - Gartmore has increased its focus on global emerging markets with two new hires as it aims to target the consumer and information technology sectors in these areas.
Sebastian Barry-Taylor, former vice president for Latin America and CEMEA institutional equity sales with JP Morgan, has been chosen as global emerging markets analyst.
Richard Clode was also appointed as an analyst within the global emerging markets team. He worked previously with Herald Investment Management.
Christopher Palmer, head of global emerging markets, commented: “Gartmore is focused on enhancing its Global Emerging Markets capability.
We believe the consumer and information technology sectors, which together comprise nearly 27% of the global emerging markets universe, are attractive areas for future investment.”
The People's Pension, Atlas Master Trust and The Cheviot Trust have been granted authorisation from The Pensions Regulator (TPR), taking the total number of authorised master trusts to 18.
Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.
The Greene King Pension Scheme has appointed XPS Pensions as its actuarial and investment adviser following a competitive tender process.
Professional Pensions has compiled a list charting the progress of master trust authorisation. View our list in full here...