Kartik Kumar takes over
Marcus Chandler has joined Kames Capital to work with his former LV= Asset Management colleagues Piers Hillier.
Threadneedle will not be hiring any of the fund managers from LV= Asset Management when the assets move across at the end of the month, Investment Week understands.
As Threadneedle makes the final preparations for its partnership with LVAM, James Smith talks to the group's head of UK wholesale distribution Gary Collins about how the deal will shape the future of the group.
LVAM's Graham Ashby and Cavendish's Paul Mumford have both ruled out buying into Glencore, although its share price has dived 13% since listing on the London market in May.
LV= Asset Management said it expects to see some staff redundancies as it finalises its deal to outsource the management of its funds to Threadneedle.
It is August, and another football season will soon be upon us. Spare a moment, however, for those football managers who will not make it to the end of the season.