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.

Ashcourt Rowan hires SLI's Scrimger as head of funds research

Ashcourt Rowan hires SLI's Scrimger as head of funds research

Aschourt Rowan has hired Standard Life Investments' (SLI) Alan Scrimger to head its fund research team.

Scrimger is the latest addition to the wealth manager’s now eight strong research team that has been built up over the last year and he will also be a member of its central investment team, reporting into chief investment officer Toni Meadows.

In his previous role as head of multi-manager research at SLI, where he worked alongside Bambos Hambi, Scrimger created its MyFolio fund of funds range, which was attracted over £1 billion of assets since launch in 2010. Prior to that, he was head of portfolio construction at Ermitage.

David Esfandi, managing director of Ashcourt Rowan Asset Management, said: ‘The business has been working hard to strengthen its investment team and capability, putting in place a modern market leading proposition designed to deliver the very best solutions for clients.’

‘Alan is another important part of this strengthening process, bringing to the wealth of experience and expertise  built up over many years working at some of the most successful and respected organisations in the industry.’

It has been an eventful 12 months for Ashcourt Rowan since Jonathan Polin took the reins as chief executive. Polin (pictured) led an overhaul of its senior management team last December, brought in Skandia Investment Group founder Jim Roberts as a non-executive director in January with Meadows joining in April as CIO. It teamed up with Cofunds in May to create an adviser platform proposition and offloaded a team of six investment managers from its Savoy Investment business to Walker Crips in a £425,000 deal in June.

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 JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Play WMR: Why Russia will lose this war

WMR: Why Russia will lose this war

Author and journalist Adam Lebor believes a perfect storm is brewing when it comes to the Russian economy. .

Play WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

WMR: Gerard Lyons warns Asia is the real risk, not Russia & Ukraine

Chief economic adviser to London mayor Boris Johnson outlines the geo-political risks in Asia and explains why the risk of another eurozone crisis must not be underestimated.

Your Business: Cover Star Club

Profile: 'new normal' now is as dangerous as when it was applied to tech

Profile: 'new normal' now is as dangerous as when it was applied to tech

7IM's CIO Chris Darbyshire says he has been re-energised by his new role, but has little time for 'new normal' doom-mongers

Wealth Manager on Twitter