Ex Cornelian manager Robertson joins law firm Gillespie Macandrew

Colin Robertson, formerly of Cornelian Asset Managers, has joined the investment management team at Edinburgh-based law firm Gillespie Macandrew.

Robertson joins as an investment manager and will report to Charles Fotheringham, who is a senior investment manager at Gillespie Macandrew and heads its investment team.

The firm also hired Scott Ballantyne from Rensburg Sheppards last September.

Fotheringham said the hires form part of Gillespie Macandrew’s plans to grow its private client business, primarily through further hires to the investment management team and through referrals from existing clients and legal staff. The firm currently has over £150 million under management.

Robertson said he was attracted to Gillespie Macandrew because of its traditional bespoke private client offering.

He was formerly an investment manager and associate director at Cornelian and left in November after the firm decided to restructure its investment management team.

At the time, Cornelian decided to create three dedicated investment specialist roles, while the rest of the team was to focus predominantly on servicing clients.

Last November, Cornelian’s chief operating officer John Jackson said the mix of activities within the roles had changed and everyone was given the opportunity to apply for the new roles, but Robertson decided to pursue opportunities elsewhere.

Robertson had worked at Cornelian since March 2003, joining from Aberdeen Asset Management. He also worked at Singer & Friedlander and Tilney.

Ballantyne, meanwhile, worked as an investment director at Rensburg Sheppards for seven years. Prior to this he worked at Gerrards.