Phoenix Asset Management Partners’ Vanessa Murphy has joined the Independent Investment Management Initiative (IIMI) board.
Murphy, who is head of compliance at Phoenix, has over a decade of experience in senior compliance roles.
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Dani Hristova, IIMI chief executive, said: “We are delighted to welcome Vanessa to our board of directors. Vanessa’s vast expertise and enthusiasm for the boutique sector makes her an asset to the IIMI.
“In an industry that is grappling with increasingly complex regulation and as such, greater expectations of boutique asset managers, Vanessa will bring a wealth of knowledge and know-how to the board. We are truly excited to welcome her.”
The IIMI is a member-led industry think tank which represents boutiques that are entirely focused on and aligned with the interests of their investors.
After launch in 2011, the IIMI now has 55 members, who collectively oversee c.$500bn in client assets.