Fund management

Announcement also sees founder stepping down as executive chairman

Sale of Quilter International to complete by year-end

Two new hires for Germany and the Netherlands

Previously at InfraRed Capital Partners

Christine Chow

Jim Whittington will replace Joe Chi who retires at end of year

Need to recognise inherent flaws in current system

Sparked by Invesco rumours

Improving consumer confidence fuelled net inflows

Miranda Best to become deputy CEO