Philippe Broadhead and Daniel Haylett have been named as inaugural head of institutional and wholesale distribution and intermediary business development manager, respectively.
Broadhead joins the firm from Union Bancaire Privee, a Swiss private bank, where he was head of UK sales within the asset management arm. His appointment is part of the firm’s move to access the wholesale and smaller institutional sectors of the market.
Haylett, formerly of Dominion Funds, will promote the Architas products to retail advisers following December’s announcement the RDR-ready range of funds is available across a broader range of platforms.
Cedric Bucher, head of business development, Architas, said: "Having proven popular with advisers we believe our core proposition of risk-profiled funds is well suited to these growing markets.
“The Architas fund ranges have also experienced strong recent growth. The actively managed funds are all ranked in the first or second quartiles of their respective IMA peer groups over three months and one year. This demonstrates the benefit of our rigorous investment process, which is key to selecting the most appropriate funds for our multi-manager portfolio. This positions us strongly for further growth in assets during 2013 and beyond.”
The graph charts the performance of the Architas Active Growth Fund over six months. Since the beginning of the year it has produced returns above its sector, and over the period has returned 17% versus 11.65% for the sector.
Architas funds are available on a wide range of platforms including Cofunds, which this morning announced a personnel re-jig.
