CCLA Investment Management has unveiled a trio of hires for its distribution team to support its foray into the UK retail space.
Sam Pennefather, Samuel Lynes and Alexandra Dacres-Hogg have joined the business in newly-created roles in London. They will report into Jasper Berens (pictured), who was appointed last year to spearhead CCLA’s new wealth, intermediary and retail business.
Last week, CCLA made its first inroads into the UK retail space with the launch of the Better World Global Equity fund, a considerable pivot from its wheelhouse of working with charities, local authorities and the Church of England.
Pennefather joins this summer as CCLA’s head of strategic relationships and will help promote its newly-launched Ucits to intermediary and investment platforms, research houses, financial advisers and life insurance companies.
He spent the past decade at Jupiter Asset Management, most recently as director & head of strategic alliances in the retail distribution team, and previously worked at Fidelity International.
Lynes, a client director at Majedie Asset Management, joins as a senior sales manager. Prior to Majedie, he spent three years as a relationship manager for Woodford Investment Management, Neil Woodford’s now defunct boutique, and worked at M&G for nearly 20 years.
Rounding out the new joiners is Dacres-Hogg, who joined CCLA in April as sales manager from Muzinich & Co. She also worked for M&G’s distribution team, as well as Sanlam Investments.
Berens said all three hires “bring a wealth of client relationship experience”.
“After years of our non-profit clients asking us if they could invest their personal money, and with the rising interest in ESG-oriented investment approaches, now is the perfect time for CCLA to be moving into the UK retail market.
“This team will be invaluable in enabling this expansion and I look forward to working with them all to bring CCLA’s strong investment credentials combined with genuine and authentic ESG approach to a wider group of people.”
