Defaqto has appointed industry veteran Andy Parsons to its insight and consulting team.
He joins the market intelligence firm as insight manager for funds and DFM.
Working with Defaqto’s investment consultants and analysts, Parsons will be responsible for leading and evolving investment ratings and unbiased appraisal of the broad investment universe, across single asset, multi-asset and DFM.
Earlier in his career, Parsons spent 16 years at The Share Centre as head of investments, head of product proposition, and as a fund manager. Prior to this he held roles at Equitable Life, HBOS, and Bank of Scotland Investment Service.
Paul Tinkler, head of insight and consulting at Defaqto said: “Andy’s track record, wealth of knowledge and breadth of relationships exemplify the trusted expertise Defaqto is known for. We’re delighted to have him on board as we lead the way in supporting financial institutions, intermediaries and consumers to make smarter financial decisions.”
Parsons added: “I’ve long respected Defaqto and the way the business conducts itself, having personally experienced the analysis Defaqto undertakes whilst at The Share Centre. Joining has confirmed everything I thought about the business – a very open and embracing company with everyone striving to achieve the same strategic goals.”