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You're hired! 20 moves which made May's headlines
on Jun 04, 2014 at 14:10
May was once again a busy month for recruitment in the wealth and funds industry.
Three quit Invesco to join Woodford
May started off with news that Neil Woodford (pictured) had returned to his former employers Invesco Perpetual to snare three for his new investment firm.
Stephen Lamacraft, manager of the Invesco Pan European Equity Income fund, will join Woodford Investment Management, along with Paul Lamacraft and Saku Saha.
Investec boosts multi-asset team with triple hire
On the same day it was revealed that Investec Asset Management had made a triple hire for its multi-asset team.
Edmund Ng joined from TT International, while Michael Streatfield and Atul Shinh came from Towers Watson and Mercer respectively. The three will work with Michael Spinks (pictured), who was poached by Investec from Schroders in 2012.
Ex-Brewin duo join Square Mile research
With the month in full flow it was confirmed Brewin head of fixed income research Victoria Hasler (pictured) and fund analyst Andrew Johnston will join the new consultancy.
Charles Stanley hires Redmayne Bentley Oxford trio
Wealth Manager revealed Charles Stanley has hired a three-strong team from Redmayne's Abingdon office in Oxford.
The team comprises Helen Merrington-Rust MBE, John Shelvey and Sara Anscombe and doubles the number of investment managers in Charles Stanley's existing Oxford branch, which was established in 1994 and is headed by Simon Scott-White (pictured).
Brown Shipley hires ex-Coutts sports & entertainment boss
David Thompson joined as a private client director in its London office, working with private bank head Hugh Titcomb (pictured).
Thompson joins from Coutts where he spent 25 years, lately as head of the private bank's sports and entertainment arm. Other positions held included head of client service and senior wealth manager, where he provided tailored financial counsel to a diverse range of clients.
Arbuthnot Latham hires Sanlam financial planner
Arbuthnot, led by chief executive James Flemming (pictured), strengthened its ranks with the hire of Simon Reynolds from Sanlam Private Investments, where he will be responsible for providing financial planning advice to the clients of the bank and their families.
Threadneedle US team follows Weldon to Artemis
Wealth Manager revealed five North American equities analysts have followed Cormac Weldon (pictured) and Stephen Moore from Threadneedle to Artemis, with the firm planning to launch five funds for its new team.
The new recruits are technology specialist William Warren, consumer analyst Paul Gannon, Olivia Miller, Chris Kent, and Nafis Chowdhury.
Hargreaves’ Meera Hearnden returns with Parmenion role
Meera Hearnden (formely Patel, pictured), a senior analyst who exited Hargreaves Lansdown after a 15 year career at its fund research department has returned to the industry with a job at Parmenion Investment Management
Iveagh team will not join City Financial
Wealth Manager revealed Iveagh’s investment team, including CIO Chris Wyllie (pictured), would not move across to City Financial following its acquisition of the wealth boutique.
Killik names four new partners after double exit
Paul Killik's (pictured) firm took the opportunity to promote four employees to partners following the departure of James McKevitt and James Gatehouse.
The quartet are: Adrian Taylor, Julian Chester, Toby Scott and Penny Rooney
Rob Kyprianou joins Pimco board
Pimco Europe appointed Rob Kyprianou (pictured) as a non-executive director.
Kyprianou, who has over 30 years’ experience in asset management, previously served as chief executive of AXA Framlington Investment Managers, head of fixed income at ABN Amro, and investment head at Salomon Brothers Asset Management.
HSBC GAM global bonds head exits
Guy Dunham left his role as head of global bonds at HSBC Global Asset Management in London.
In his place HSBC has named Ernst Osiander as head of its global bond team in London. Osiander joined HSBC in January 2012 from FMS Wertmanagement, and between 1999 and 2010 worked at BNY Mellon managing global bond and currency portfolios.
Waverton hires executive trio
Hugh Grootenhuis' (pictured) Waverton bolstered its board with the hire of three senior former fund executives in a drive to build on alternative channels, alongside its core private client base.
Christopher Keljik, an executive director of Standard Chartered Bank Australia, joins as a non-executive director, alongside former Rothschild Asset Management chief executive Peter Troughton.
Meanwhile Vivien Gould, who has been a director at River & Mercantile Investment Management, has also joined as a non-executive.
Majedie poaches Fidelity £2.9bn star for US fund launch
US equity manager Adrian Brass (pictured) is to leave Fidelity and join Majedie, with the boutique planning to launch a new fund for him.
Brass has run the £2.9 billion Fidelity fund for the past six years. In the last three years the fund returned 40.9% compared to a peer group average of 36.5%.
Ex-Martin Currie trio joins forces to launch boutique
Wealth Manager revealed former Martin Currie Asian equity head Jason McCay (pictured) is teaming up with ex colleagues Keith Donaldson and Stewart Higgins to launch an investment boutique named Cadence Investment Partners.
Aviva hires Gars manager for multi-asset push
Aviva Investors has made a second significant hire from Standard Life Investments' Global Absolute Return Strategies (Gars) team, following that of incoming chief executive Euan Munro (pictured) earlier this year.
Brewin Dolphin hires ex-Goldmans director
The private client stockbroker announced that former Goldman Sachs Asset Management International director Caroline Taylor is to join its board as a non-executive director.
Taylor, who has over 25 years of experience in financial services, has a strong background in investment management operations, compliance and legal issues, the wealth manager said in a stock market announcement.
Brooks hires Scammell for new international role
Brooks Macdonald Funds has hired David Scammell for the newly created role of international business development manager.
Scammell, who will be based in the group’s Mayfair office, joins from Frontier Investment Management and will be tasked with promoting and distributing Brooks’ funds both internationally and in the South West.
Dan Kemp departs Albermarle Street Partners
As the month drew to a close it was revealed that Kemp (pictured) has left Albemarle Street Partners, the investment consultancy he co-founded in 2012, to take up a post with Morningstar as co-head of investment consulting and portfolio management.
Rathbones hires investment manager from S&W
Meanwhile Rathbones poached James Vincent from Smith & Williamson to strengthen its London office.
He joins as an investment manager with responsibility for a range of portfolios for private clients, including pensions, charities and trusts.