Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Architect of Close's acquisition strategy Dyer to retire

Architect of Close's acquisition strategy Dyer to retire

Stuart Dyer, the lead on Close Asset Management's acquisition strategy, is to leave the firm.

Dyer, who has been at the company for the past six years and was the impetus behind some of the firm's recent acquisitions of CavanaghChartwell and Allenbridge Group, is set to retire in March.

Commenting on Dyer's planned departure, Close chief Martin Andrew said: 'I shall miss him a lot. He has made a huge contribution to the business and has been a huge help to me over the last three to four years.'

With a number of acquisitions now under the firm's belt, Andrew added that Dyer's departure would not necessarily stifle the firm's acquisition strategy if the right opportunity presented itself. 'There have been no concrete decisions yet, we are still looking. The process which Stuart kicked off will continue, but we won't be replacing him directly in this regard.'

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 Trump protests: Psigma's Becket reports from the US

Trump protests: Psigma's Becket reports from the US

Psigma's chief investment officer Tom Becket encounters a little more than he bargained for in a recent trip to the US.

Play Neil Woodford uncut: the full video

Neil Woodford uncut: the full video

We bring you the full video from Woodford's recent visit to Citywire HQ.

Play What the Next Generation is bringing to the wealth world

What the Next Generation is bringing to the wealth world

To mark Citywire's inaugural Next Generation Forum we ask tomorrow's talent what influence they think they can have on the wealth industry.

Read More
Your Business: Cover Star Club

Profile: Brewin's Newcastle boss on the increasingly competitive NE

Profile: Brewin's Newcastle boss on the increasingly competitive NE

William Baker Baker, Brewin Dolphin’s Newcastle office head, is a fixture in the firm, having been with them for 30 years.

Wealth Manager on Twitter
Retirement income challenge: we need round pegs for round holes
  • Old Mutual Wealth hires adviser distribution specialist
  • Vodafone leads FTSE higher on European turnaround
  • Treasury pushes 'City visa' for financial high fliers
  • Ex-Coutts directors join forces at fledgling wealth boutique
  • Cable becomes new Lib Dem leader
  • Charles Stanley strikes pay deal with Manchester team
  • Wealth boutique hires ex-Close specialist investment head
  • Friday Papers: May pledges no Brexit ‘cliff edge’ for business
  • Overnight Markets: Wall Street flat as Home Depot pressures Dow
  • FTSE rallies as dovish Draghi can't stop euro surge
  • Boutique plans to unitise managed portfolio
  • ‘Brain disorder research’ scheme guilty of tax avoidance
  • Neuberger Berman hires China expert
  • FCA tells property funds to up liquidity management
  • Schroders veteran Tosato among trio of Pictet board hires
  • Wealth Manager's 25 most popular fund managers in H1 2
  • FSCS opens compensation door at failed wealth firm
  • S&W revenue jumps as wealth arm gains momentum
  • Walker Crips poaches Tilney London director 1
  • Robo onslaught continues with two new launches 2
  • Read More
    -->