A management reshuffle at F&C Asset Management has gathered pace, with
the announcement that the group’s chief financial officer is to leave.
Ian Paterson Brown will go in May it was announced yesterday. He will follow
chief investment officer, Tony Broccardo, who departed last month.
The company’s former head of alternative assets business, Fernando Ribeiro,
replaced Broccardo and took on a new role as head of investments.
The search for a replacement for Paterson Brown now begins, as the company’s
new chief executive, Alain Grisay, aims to streamline the group.
It has been a difficult year for the group as its shares have underperformed
other comparable companies by nearly 40 per cent, the Financial Times
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.