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View the article online at http://citywire.co.uk/wealth-manager/article/a727941

Thames River CEO exits as F&C exodus continues

by Robert St George on Jan 16, 2014 at 14:41

Thames River CEO exits as F&C exodus continues

Toby Hampden-Acton has left his role as chief executive of Thames River Capital, with several other senior managers also exiting the firm.

Hampden-Acton joined Thames River in 2004, serving as chief compliance officer before becoming chief executive. Before Thames River, Hampden-Acton was a senior compliance officer at Cazenove and Barings.

His responsibilities at F&C, which acquired Thames River in 2010, will be assumed by chief operating officer Hugh Moir.

Wealth Manager understands that Hampden-Acton remains as a consultant for Nevsky Capital, the firm set up by Thames River’s former global emerging markets team, with the timing of his departure from F&C reflecting the end in the autumn of a three-year tie-up deal after the acquisition.

Other senior members of Thames River to have quit F&C recently include former commercial director Loudon Greenlees and former sales director Matthew Sethard-Wright, as well as F&C’s head of UK retail John Yule. F&C has confirmed that Yule’s role will go to Rob Thorpe, the former Cazenove retail head poached by F&C from Sarasin in November.

None of the ‘key management personnel’ named by F&C at the time of its Thames River acquisition remain as active managers at the firm: founder Charlie Porter has become a non-executive board member, Jeremy Charles is now chief operating officer at Old Mutual Wealth Management.

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