Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Aberforth co-founder Warnock joins Seneca as chairman

Aberforth co-founder Warnock joins Seneca as chairman

Seneca Investment Managers, which recently acquired Miton Capital Partners, has named David Warnock as chairman.

Warnock co-founded Aberforth Partners, retiring from the group in 2008 after a 19 year tenure. Prior to that he worked at Ivory & Sime plc for four years and, before that, he was at 3i Group for seven years, the last four of which were in Boston, USA.

He is also chairman of the Troy Income & Growth Trust as well as holding non-executive directorships at British Polythene Industries and Standard Life European Private Equity Trust.

Stuart Eaton, Seneca's chief executive officer, said: 'David is one of the most recognised people in the industry and it is a real coup to have him onboard.

'Our goal is to turn Seneca Investment Managers into a leading brand within UK financial services and his experience, expertise and contacts will certainly make that a lot easier to achieve.”

Warnock added: 'I am both privileged and excited to have been offered the role of chairman. Stuart has big plans for Seneca Investment Managers and my role will be to help those plans come to fruition in the years ahead.'

The asset management firm is part of Seneca Partners and is headquartered in Merseyside. It was founded in 2010 by Ian Currie, Stuart Eaton and Alex Dymock.

The group acquired Miton’s Liverpool fund business, which had £466 million in assets, at the end of January for up to £6.4 million, and manages a number of specialist investment funds and its clients are primarily entrepreneurs and family offices.

The group has offices in Leeds, Birmingham and Manchester.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter