Politics
Gov Appoints Investment Advisors
The contract MJ Hudson was terminated after company’s auditor resigned in March citing ‘lost trust and confidence’ in management.
Barnett Waddingham LLP has been appointed as the gov’s interim investment adviser, four months since it cut ties with MJ Hudson Investment Advisers Limited.
The contract MJ Hudson was terminated after company’s auditor resigned in March citing ‘lost trust and confidence’ in management.
Barnett Waddingham LLP will review the investment strategy and support its implementation with the appointed investment managers. It will also assist an ongoing tender process to appoint investment managers as current contracts come to an end.
Treasury Minister Dr Alex Allinson said: ‘I welcome Barnett Waddingham’s appointment as interim investment adviser and look forward to receiving the company’s advice and support. Its guidance will be additionally important as Treasury works towards appointing investment managers and managing that transition process.’
