Ex-7IM investment manager lands at EQ Investors

Closed-ended funds specialist was part of the recent spate of 7IM departures

An investment trust specialist who was among the recent space of Seven Investment Management exits has landed a role at ethical wealth management firm EQ Investors.

Simon Moore (pictured) will become senior investment analyst at EQ’s London office, providing cover for head of investing Sophie Kennedy, who is going on maternity leave.

Moore was one of two senior investment managers 7IM lost in January 2019 with Damian Barry also handing in his resignation. In October 2018, the wealth manager announced its third CIO in a year.

The staff exits culminated in the departure of Tom Sherdian, co-founder and chief executive, who makes way for former Arbuthnot Latham CEO Dean Proctor.

Before 7IM, Moore headed up Bestinvest’s fund research team for seven years. EQ chief executive John Spiers was co-founder of Bestinvest.

Moore said “it’s great to be re-united with former colleagues and friends”.

“EQ has a deserved reputation as one of the fastest growing wealth managers in the UK. We have a tremendous opportunity to grow further, bringing our strong business values and service delivery to match the demands and high expectations of our clients.”

Kennedy praised Moore’s track record and industry contacts as “second to none”. “Attracting someone of his calibre into the business is a great endorsement of our strategy and ambition.”

In an interview with Portfolio Adviser in Q1, EQ director Jeannie Boyle highlighted its impact investing business, which includes seven-risk targeted portfolios and bespoke services for clients with upwards of £750,000. It additionally offers a Best Ideas and Low Cost range.

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