Which way will new IA chief executive Chris Cummings lean?
IW launches Managers to Watch series
In the latest in our series of interviews with some of the industry's key Investment Influencers, Investment Week talks to Darius McDermott of Chelsea Financial Services.
Following changes revealed this morning
UK All Companies sector worst
Sebastian Lyon's £2.6bn Troy Trojan fund has been labelled "the biggest disappointment" in Chelsea Financial's biannual RedZone list of underperforming funds.
The volume of assets held in underperforming funds has fallen by a quarter, although the number of funds has increased, according to Chelsea Financial Services' latest RedZone list.