Martyn Gilbey has joined UK fund manager Friends Ivory & Sime to lead its use of the internet to distribute to the domestic retail market.
Friends Ivory & Sime beefed up the retail side of its business in February when it acquired the unit trust operation of its majority shareholder, Friends Provident, for £129m (€208m). Gary Mairs, the managing director of Friends Ivory & Sime's retail and institutional business, said: "New media is revolutionising the financial services industry and we are keen to be at the forefront of developments in this area."
