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 Big City Bright Future

Big City Bright Future

Big City Bright Future, the brainchild of BlackRock, is a three-week work experience programme for school leavers looking to forge a career in the City.

Play Kames' Ennett: Trump good for US high yield, but beware Europe

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Play Philip Milburn: why inflation won't run out of control

Philip Milburn: why inflation won't run out of control

Kames bond fund manager views inflation as more of 'scare' than a 'problem' and is positioning his portfolios accordingly.

Read More
Your Business: Cover Star Club

Profile: change is the only constant for Quilter Cheviot

Profile: change is the only constant for Quilter Cheviot

This is not the first time we have profiled David Miller, but at the time of his previous appearance his company looked very different.

Wealth Manager on Twitter