Inflation has been on the rise again By David Clark I READ the other day that around one third of financial analysts and money managers have no first-hand experience of the financial crisis in 2007/8. The same article depressingly informed me that the majority of the US population has no memory of the 1987 stock market crash. By the same token many market commentators and participants have never experienced an inflationary environment. Some of the clever people I work with have been making very seductive arguments for some time that the return of inflation is inevitable and would come as a shock to markets and consumers alike.
North-east can pivot itself to be energy capital of Europe
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Gilbert’s AssetCo appoints head of distribution
By Michael Klimes 24
Boutique investment vehicle AssetCo has announced Gary Collins will be joining as head of distribution.
He was previously head of distribution at Columbia Threadneedle Investments running both the EMEA and Latin American distribution strategy and team.
He joined Columbia Threadneedle in 2006 as head of UK retail/wholesale, having previously worked at Merrill Lynch Investment Management.
Earlier this month, AssetCo announced the acquisition of Saracen Fund Managers for £2.75m, subject to regulatory approval.
The acquisition is expected to complete by the end of September 2021.
AssetCo deputy chairman and chief executive Peter McKellar said: “Gary is a great addition to the AssetCo team and he will play a key role in developing the overall business.