sales

Gross redemptions at £4.5bn

Previous roles at L&G and Skandia

Leaving after 14 years

Spent 19 years at Schroders

Sales head departs after eight years

Mirabaud Asset Management has poached James Southern from Sanlam FOUR to work in the newly-created role of sales director.

The Targeted Absolute Return retook its place as the UK's best-selling sector in June as investors sought reassurance in choppier markets.

Discretionary investment firm Fulcrum has hired former Carmignac and LVAM retail sales head Matthew Wright as a director in its sales and marketing team.

Simon Hynes is to re-join the industry as head of UK retail sales at Legal and General Investment Management, a year after he left Jupiter.

Graham Mudie has joined Aviva Investors' sales teams from Standard Life Investments, as chief executive Euan Munro continues to recruit from his former company.