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
CIO Tapes 2: two warnings and a lot of optimism

CIO Tapes 2: two warnings and a lot of optimism

Our group of leading asset management CIOs see a lot of opportunities – and overseas investors are buying UK too

Play Wealth Manager Retreat 2017: size isn't everything

Wealth Manager Retreat 2017: size isn't everything

We asked our delegates at the Wealth Manager Retreat what they think about the recent wave of consolidation in the industry.

1 Comment Play CIO Tapes - part 3: 'passive funds are anti-capitalist'

CIO Tapes - part 3: 'passive funds are anti-capitalist'

Citywire recently gathered three of the UK's leading fund investment heads to discuss their hopes, fears and the issues that their jobs throw at them daily.

Read More
Your Business: Cover Star Club

Profile: Thomas Miller explains its post-restructure plans

Profile: Thomas Miller explains its post-restructure plans

Thomas Miller Investment’s (TMI) head of wealth Matt Phillips has strong opinions about many things

Wealth Manager on Twitter