Wealth Manager - Essential news for investment professionals

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Rathbones continues Edinburgh rebuild with Adam & Co hire

Rathbones continues Edinburgh rebuild with Adam & Co hire

Rathbones has strengthened its branch in Edinburgh with the recruitment of an associate from Adam & Company.

Peter McCallum has joined Rathbones in the city as an investment manager, the latest of several recent hires to the office.

McCallum will work with regional director John Henderson (pictured) and Edinburgh deputy head Andrew Mackintosh-Walker, with the team managing £280 million of private client, charity, trust and pension portfolios.

McCallum had worked at Adam since September 2010, in a role supporting the firm’s senior investment managers in the running of private client portfolios. He had responsibility for liaising with brokers and provided coverage of the UK market. He holds the CISI Certificate in Private Client Investment Advice & Management and the CFA Certificate in Investment Management.

McCallum’s move follows that of Euan MacDonald from Barclays Wealth & Investment to Rathbones in Edinburgh in March.

It is a further blow to Adam too, which earlier this year also lost senior investment manager and associate director Mike Gore. He was poached by Deutsche Asset & Wealth Management to rebuild its office in Edinburgh alongside John James from Blackadders.

The hiring of McCallum and MacDonald will replenish the depleted Rathbones team in Edinburgh, after its deputy regional director Chris Sutton defected to Aubrey Capital Management and investment director Tim Wishart switched to Psigma Investment Management.

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 Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Play Tesco, Japan and the rise of the central banker

Tesco, Japan and the rise of the central banker

 Libby Ashby and leading wealth managers scrutinise the food retail sector, Japan’s consumption tax hike and political risk in the markets.

Your Business: Cover Star Club

Veteran banker boosts Sanlam’s stockbroking team

Veteran banker boosts Sanlam’s stockbroking team

A veteran private banker has been recruited by Sanlam Private Investments to strengthen its advisory stockbroking team.

Wealth Manager on Twitter