threadneedle

Artemis has opened the offer period for three of the five funds it intends to launch for the former Threadneedle US equities team led by Cormac Weldon and Stephen Moore.

Are active funds still worth the effort?

Threadneedle's Richard Stevens is to leave the firm at the end of the month, handing over his trio of government bond funds to other members of his team, Investment Week can reveal.

Investec Asset Management's hire of Threadneedle UK equity head Simon Brazier (pictured) and team, revealed by Investment Week last Wednesday, has transformed the company's UK retail offering overnight.

Simon Brazier and his UK equities team are to join Investec Asset Management, Investment Week can reveal, following their exit from Threadneedle Investments.

Threadneedle's Frederic Jeanmaire is to take over management of the group's Pan European Focus fund as lead manager Dan Ison steps back to become deputy.

POLITICAL RISK

Threadneedle is to close its Worldwide Select multi-manager fund, one of the range that it acquired from LV= in 2011.

UK

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