Kames Capital head of UK distribution exits after 16 years

Mark Savage has left the asset manager to ‘seek new challenges elsewhere’

|

Kames head of distribution for UK and Ireland Mark Savage has left the company after 16 years, Portfolio Adviser has learned.

Savage (pictured) has occupied several sales roles since joining the firm in 2003 as a business development manager.

He became head of UK distribution in October 2018, leading the UK institutional and wholesale teams, after a reshuffle of the sales team ahead of Brexit that saw Steve Kenny leave the business after 16 years.

A Kames spokesperson confirmed Savage had left the company “to seek new challenges elsewhere”.

They added: “Mark had been with the business for 16 years, and played an important role in the development of the UK wholesale business, in particular. We would like to thank Mark for his contribution to the business over this time, and wish him every success for the future.”

In January, Kames added Alex Beck to its UK wholesale distribution team as a business development manager, covering the South East of England.

Earlier this month, Kames announced changes to three of its global equity funds as fund manager duo Craig Bonthron and Neil Goddin left the business. The pair were co-managers on the Kames Global Equity, Global Sustainable Equity and Global Equity Market Neutral funds.

This followed news that Andre Kiselev, who left Baillie Gifford days after a trust he was co-manager on launched, had joined Kames 28strong equities team as an investment manager specialising in US stocks.

Kames Capital is set to be dropped as a brand this year as Aegon Asset Management seeks to merge its businesses into one global structure.

MORE ARTICLES ON

Latest Stories