Evelyn Partners has appointed Edward Park (pictured) as chief asset management officer, following the announcement of Park’s departure from Brooks Macdonald in early January.
Park will begin his new position in April and will also be part of the group executive committee under group chief executive officer Paul Geddes. The role will give him jurisdiction of centrally managed investment propositions such as MPS strategies and a range of pooled funds, as well as make him a spokesperson for investment propositions.
See also: Brooks Macdonald splits CIO role to succeed Park
Park’s move comes after 15 years with Brooks Macdonald, where Park began as a graduate trainee in 2009.
We are delighted to welcome Edward to Evelyn Partners,” Geddes said.
“He will help drive the growth and development of our centrally managed investment propositions, alongside our presence as a leading investment manager for private clients and charities. And with his considerable experience and proven track record, he will also help the firm continue to develop its collegiate investment approach, which underpins the outcomes we deliver for our clients.”
Evelyn Partners increased its AUM by 11.5% in 2023, reaching £59.1bn through a combination of inflows and market performance. As of the end of December, it managed £9.9bn in centrally managed propositions.
“I am excited to be joining Evelyn Partners in April. The new role will give me the opportunity to help drive the centrally managed investment propositions, as well as engage with IFA partners,” Park said.
“Evelyn Partners has a successful, collegiate investment approach which has delivered strong client outcomes. I am looking forward to helping develop the approach in partnership with the broader investment management team.”