mast image

Special Report

Impact investing

Sections

Threadneedle merges retail and institutional units

Related Categories

UK-based Threadneedle is merging its retail and institutional sales and marketing into a single distribution unit that will be run by David Sachon. Sachon will become responsible for all sales, marketing and client services across institutional, defined contribution, retail and alternative investment businesses.

The move comes just months before Threadneedle is separated from its former parent Zurich Scudder. Following this, the servicing of European institutional business for products managed in the US or Asia passes to Deutsche Bank who has bought the group’s international Scudder operation.

Stephen Cohen, head of the institutional business for the European (including UK), Middle East and Africa, has decided to leave the company and Malcolm Callaghan, head of UK Institutional sales, is retiring to France later this year.

“I am very grateful to both Stephen Cohen and Malcolm Callaghan for their extremely successful efforts in developing our institutional business,” says Chief executive Simon Davis.

Stephen Holt will retain responsibility for UK institutional sales reporting to Mark Stanley, the co-head of Threadneedle's defined contribution business, promoted to head of institutional business.

Emma Douglas takes sole control of defined contribution business and Ann Hughes will continue to run client services.

Threadneedle has also appointed Crispin Henderson, a senior client service partner at PricewaterhouseCoopers, COO as of March 1st.

Henderson will head investment management advisory services and lead teams in such areas as business strategy, operational assessment, systems selection and risk management.

Bob Allen, Head of Investment Operations, Tom Challenor, Finance Director, Adrian Grimshaw, Head of IT and Rod Sweeney, Head of Retail Administration Services, will report to Henderson.





Have your say

You must sign in to make a comment

IPE QUEST

Your first step in manager selection...

IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2555

    Asset class: Real Estate.
    Asset region: European.
    Size: EUR 50 - 100 million.
    Closing date: 2019-07-22.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

Begin Your Search Here
<