BSI Group CEO resigns; board member to take reins

Earlier on Tuesday, MAS said it is withdrawing its approval for BSI Bank, BSI Group's Singapore subsidiary whose employees have been embroiled in investigations into fund movements related to Malaysian state fund 1Malaysia Development Berhad (1MDB).


Towry eyes new recruits following Glasgow exits

Towry’s Glasgow office has recently undergone an expansion push, with Norscot Financial Services and George Square Fund Managers both acquired and integrated in the past few years.


Sandaire appoints new portfolio manager

In his new portfolio management role, we anticipate Luca making a considerable contribution to our distinctive collegiate investment process that enables a flexible and proactive approach.”


Barings CIO Lambden exits amid $260bn merger plans

Fixed income specialist Babson Capital Management, Cornerstone Real Estate Advisers and real assets manager Wood Creek Capital Management are to merge with the fund house later this year, with the resulting entity adopting the Barings brand.