LV=

Mutual LV= has reported strong annuity sales for the second quarter of the year despite the sweeping changes to retirement income announced in the 2014 Budget.

GOSLING'S GROUSE

Liontrust Asset Management is to acquire North Investment Partners, appointing founder John Husselbee, as well as former LV = manager Paul Kim, to run its first multi-asset proposition.

Q&A

THE BIG INTERVIEW

Ingis Asset Management has hired Mira Bhogaita as portfolio manager on the UK equity team.

It took a brave asset manager to launch a European equity fund in the autumn of 2011.

Insurance giant Friends Life has hired the former LV= fixed income team to run portfolios at its new asset management business.

No fund managers will be joining Threadneedle from LVAM following its £8bn outsourcing deal, as revealed by Investment Week earlier this month.

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.