Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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
Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Brewin's Gutteridge & Foster talk property with Standard Life's Baggaley

Gutteridge and Foster discuss UK commercial property with Jason Baggaley, manager of the Standard Life Property Income investment trust

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Brewin's Gutteridge asks Odey's Tim Bond two tough questions

Gutteridge puts the heat on Odey's asset allocation maestro with a couple of tough questions.

Brewin's Foster & Gutteridge: searching for the yield of dreams

Brewin's Foster & Gutteridge: searching for the yield of dreams

Guy Foster and Ben Gutteridge discuss the latest upbeat US payroll report and how it has increased the probability of a first hike in interest rates in June.

Your Business: Cover Star Club

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Profile: Creechurch Capital’s CEO on going the extra mile in a crowded market

Growing a business is the main aim of many company owners but managing that growth in a controlled way is just as important

Wealth Manager on Twitter