Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a660367
SC Davies eyes charity assets under ex-Killik man
by Danielle Levy on Feb 26, 2013 at 13:24
SC Davies is hoping to develop new business channels, particularly charity, under new hire James Butler, who joins from Killik & Co.
Butler joins as a client portfolio manager and will contribute to the firm’s attempt to win new assets and business.
He will look to develop relationships with intermediaries, law firms and accountants on behalf of the boutique, alongside spearheading a move into the charity sector.
He said: ‘The firm’s investment foundation, built on capital preservation as well as our ‘contrarian’ stance, will compliment charity portfolio mandates.’
Butler said leaving Killik had been a difficult decision, but he had been attracted to the very high ratios of staff to clients, its service proposition and the opportunity to build on growth opportunities for the boutique.
Butler formerly trained as a stockbroker at Killik & Co and prior to this had stints at Ingenious Media Investments and Octopus Investments.
The charity sector represents a new area for the firm, which was launched by founder Simon Davies (pictured) in 2004 after he left Berry Asset Management, alongside chief investment officer Paul Denley and chairman Hugh Scotney.
The firm launched an execution-only service for its clients in 2011 through its in-house platform, which it had introduced the previous year.
News sponsored by:
Subscribe to Wealth Manager magazine and rack up CPD points
Citywire Wealth Manager has partnered with CISI to enrich the experience of subscribers to our magazine.
Today's top headlines
More about this:
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
by Dylan Lobo on May 16, 2013 at 16:17