He will succeed Nigel Cuming, who will be retiring from the role this May. Cuming will continue with the firm as a consultant for the next two years, based in the Jersey office.
Perera will be based in London. He is an experienced investment strategist, having spent the past 19 years at JP Morgan Private Bank, where he was the chief investment strategist for EMEA, responsible for running investment strategy and overseeing tactical asset allocation decisions for discretionary portfolios.
In his role, Perera will be responsible for the central investment process, with a specific focus on asset allocation and stock selection. He will also work to ‘maximise the potential’ of the firm’s proprietary stock screening tool, ‘Quest’.
Chief executive of CGWM in the UK & Europe David Esfandi said: “Investment performance is right at the heart of everything we do for our clients. Michel’s appointment will bring fresh ideas, extensive industry experience and knowledge that will be invaluable to clients and our business as we spearhead a new growth trajectory.”
