Appointments

Former pensions minister departs Royal London

Replaces Nick Mustoe

Stephens spent 24 years at AXA IM Real Assets

Effective 16 December

Paul Surguy set to join from Kleinwort Hambros in January

Following increase in product demand

Bart Grenier to take up senior position at Fidelity in February 2020

Appointment is ‘a natural progression’

To replace outgoing Jamie Carter

One of two lead portfolio management promotions in European equities