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Oak Investment Partnership will split into Evenlode, Wise Funds and Wise Investment in July

Oak Partnership to demerge as Evenlode becomes independent Wise Investment, Wise Funds and Evenlode VIncent Ropers of Wise Funds Jon Yarker From July 2021, the three partner companies will operate as "distinct" employee-owned companies. The restructure is being pursued to allow for greater simplicity and long-term alignment of the partner companies. Related articles That restructure featured the establishment of Wise Funds and Evenlode Investment Management - headed up by Tony's son Hugh Yarrow - as separate businesses. "The Oak Partnership has successfully evolved to a point where a demerger...

Platform lures big hitter from St James’s Place, while Axa names next chairman AJ Bell The investment platform has attracted two female financial services heavyweights as non-executive directors. Baroness Helena Morrissey recently stepped down from the St James’s Place board, with the intention of her succeeding AJ Bell chair Les Platts at the company’s next AGM in January 2022. Morrissey only became a non-executive director at SJP at the start of 2020, and made a controversial start by publicly criticising the firm’s charging structure. She is joined by Evelyn Bourke, former chief ex...

Wise Funds succession planning commended as Tony Yarrow announces retirement Replacement managers Matthews and Ropers ‘will need to develop their own track record and prove themselves at running the funds on their own’ Wise Funds founder Tony Yarrow is retiring from the business after nearly 40 years in the industry, but fund buyers are expecting a smooth handover of funds to his replacement managers due to the firm’s long-held succession plan. Yarrow (pictured) began his career as a financial adviser in 1984 and has been managing funds since 1988. He founded investment management compa...