4th Jan 2005 14:42
Rensburg plc04 January 2005 4 January 2005 Rensburg plc Rensburg Appoints James O'Loughlin as Head of Investment Process Rensburg, the investment management group, is pleased to announce theappointment of James O'Loughlin to the position of Head of Investment Process inRensburg Investment Management (RIM). His major objective will be to supportand develop the Company's investment philosophy and process. Jim (aged 44) has worked at the Co-operative Insurance Society (CIS) inManchester since 1983 and held a number of positions within the Company. Hismost recent role was as the first Head of Investment Process at CIS. Prior tothis he was Head of Global Equity Strategy for five years. Jim is the author of 'The Real Warren Buffett: Managing Capital, Leading People". He is married with two children and is an economics graduate from theUniversity of Manchester. Michael Burns, Chief Executive, Rensburg plc, said "We are very pleased to haveattracted someone of Jim's calibre to Rensburg. His long experience of globalmarkets combined with his fresh approach to investment management disciplineswill strengthen Rensburg's capacity to deliver a first class service to itsclients". Enquiries: Rensburg plc 0151 227 2030 Michael Burns, Chief Executive gcg hudson sandler 020 7796 4133 Nick Lyon Notes to editors • Rensburg (formerly known as BWD Securities) is an investment managementbusiness with offices in London, Liverpool, Leeds, Sheffield, Manchester,Glasgow and Belfast. From these offices, Rensburg offers a range of retailfinancial and investment management services to private and corporate clients. • The Investment Management Group, which also manages venture capitaltrusts, unit trusts and group schemes for charities and pension funds, has intotal approximately £4 billion under management. • Rensburg continues to concentrate on growing its businesses, throughfee, as opposed to transaction-based, revenue. • On 10 December 2004 Rensburg announced a proposed merger with CarrSheppards Crosthwaite, a wholly owned subsidiary of Investec, to form a groupwith £9.6 billion funds under management. • It is proposed that Michael Burns, currently Chief Executive ofRensburg will be Chief Executive of the enlarged group. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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