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.

Arjent management walks out and plans new venture

Arjent management walks out and plans new venture

Arjent’s management team, including chief executive David Couch and chief operating officer Chris Deacon, have walked out of the firm due to irreconcilable differences with the board, Wealth Manager understands.

Kevin Spear, business development head, has also left alongside Couch (pictured) and Deacon. Couch’s responsibilities have been taken on by Arjent’s head of investment management James Hutson, who has been appointed managing director following the departures.

Adam Sketchley has been promoted to head of investments and finance director Simon Sotomey takes over as COO of the group.

It is understood the outgoing trio is in talks with a number of parties about relaunching an investment management venture, potentially through its holding company, Code Investments.

While the exact nature of the dispute is not known, managing director Hutson stressed the firm remains in expansion mode, having recently launched a model portfolio range on Parmenion and a Stratford-upon-Avon office.

‘As of this moment, the plan is to continue building assets under management, and we are making good headway with the Arjent managed portfolio solution,’ he said.

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: bonds with Ian Spreadbury

Brewin's Gutteridge: bonds with Ian Spreadbury

This week Brewin Dolphin's research head chats to Fidelity's Ian Spreadbury about the recent behaviour of interest rates and credit spreads.

Play Can tech advances explain the UK productivity puzzle?

Can tech advances explain the UK productivity puzzle?

Much of the productivity puzzle of the last eight years may be explained by a failure to capture new tech

Brewin's Gutteridge: Yuan direction

Brewin's Gutteridge: Yuan direction

This week Brewin Dolphin's research head chats to Fidelity Asian Investment Directors Jenny Lee and Gary Monaghan about the big changes in China.

Your Business: Cover Star Club

Small is beautiful: wealth firms still see value in less rich

Small is beautiful: wealth firms still see value in less rich

Latest statistics from findawealthmanager.com show that there are many firms who still service smaller clients.

Wealth Manager on Twitter