Psigma Investment Management has poached Rathbones investment director Daniel Faulkner, as it looks to build up its regional presence.
He joins as an investment director and will work out of Psigma’s branch in Birmingham, working alongside Toby Carpenter, managing client portfolios.
Jennifer Price, who worked alongside Faulkner in a support role, is also moving across in a support role.
Faulkner (pictured) co-founded the Rathbones' office in the second city back in 2008. Prior to that, he spent 11 years at Quilter and eight years at Albert E Sharp.
Psigma CEO John Howard-Smith said: ‘Investment in transport infrastructure combined with high levels of commercial activity has further increased the economic importance of Birmingham.
'As the “capital” of the Midlands, Birmingham remains the first choice destination for those relocating out of London. Expanding our presence in the region has been one of the easiest decisions I’ve made in a long time.’
Faulkner added: ‘I am delighted to be joining Psigma during this exciting growth phase. The strength of the investment proposition, quality of the people and excellent corporate culture make Psigma a market leading organisation that I am very much looking forward to being a part of.’
Psigma also hired Peter Seamer from Arbuthnot Latham for its London office last year.