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.

Heartwood chief Simon Lough steps down

1 Comment
Heartwood chief Simon Lough steps down

Heartwood chief executive Simon Lough is to step down from his role.

He will be replaced by Heartwood director Tracey Davidson, subject to regulatory approval.

Lough (pictured) said that he had taken the decision to step down one year since Heartwood was bought by Handelsbanken.

'I will be staying with the company my brother David founded, and I have helped to build. However, as we begin to draw more on technological and other support from Handelsbanken to deliver the service enhancements our clients are requesting, it makes sense that this work is led by someone with close working knowledge of both Heartwood and Handelsbanken.'

Davidson joined Handelsbanken in 2003 and more recently spent three years as head of the bank’s regional bank, Northern UK. She added: 'It is a privilege to take on this role, having been closely involved in the merger and, since then, working within the management team to start to realise Heartwood’s potential within the Handelsbanken group.'

Heartwood's management structure remains unchanged.

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 Sector spotlight: how Harwood's Philbin is playing emerging markets

Sector spotlight: how Harwood's Philbin is playing emerging markets

Emerging markets have been a rollercoaster for investors, but amid the doom there have been have been bright spots, such as India. 

Play JP Morgan AM's Conte: why France is my biggest overweight

JP Morgan AM's Conte: why France is my biggest overweight

The European Smaller Companies trust fund manager is also finding opportunities within the European IPO market.

Brewin's Foster: running out of value with Sandy Nairn

Brewin's Foster: running out of value with Sandy Nairn

In this week's podcast, Guy Foster and Dr Sandy Nairn discuss caution towards the stretched valuations most stock markets today currently offer.

Your Business: Cover Star Club

Profile: CHI's bond supremo on liquidity and bond risk management

Profile: CHI's bond supremo on liquidity and bond risk management

'Some people have been extremely complacent about rate rise risk. Myself, I wish they would just get on with it.'

Wealth Manager on Twitter