Marlborough Investment Management has made two senior appointments to its multi-asset proposition, hiring former Quilter distribution head Danny Knight (pictured) as commercial director, and promoting Nathan Sweeney to chief investment officer of multi asset.
Knight has been tasked with strengthening the firm’s multi-asset investment proposition for financial advisers both in the UK and internationally, as well as identifying how Marlborough, and the wider Marlborough group, might develop the other services they offer advisers.
He reports to group sales director Martin Ratcliffe.
Knight has almost 25 years’ experience in financial services, joining Marlborough in early March after nearly a decade at Quilter Investors, and its previous incarnation Old Mutual. Initially, he was director of multi asset before becoming head of group distribution, and then head of investment proposition.
Prior to that he worked at Henderson Global Investors, which he joined when the company acquired New Star Asset Management.
Marlborough’s CEO, Richard Goodall, said: “Danny brings a wealth of asset management experience and an impressive track record of working with intermediaries to help them grow their businesses. It’s a valuable combination of skills, which has enabled him to help design and launch highly successful outsourced investment solutions.
“At Marlborough, we are continuing to develop our multi-asset solutions and Danny’s expertise will play an important role in ensuring these propositions, and our other products and services, continue to serve the evolving needs of intermediaries and their clients.”
Meanwhile, Nathan Sweeney has been promoted to chief investment officer of multi-asset, having deputised since he joined from Liontrust in October 2021. He left the asset manager just months after it bought Architas, having spent over a decade at the acquired firm.
During his time there, he helped grow the multi-asset business to around £5.7bn of assets under management.
The move follows Sheldon MacDonald’s promotion to CIO in January, and Sweeney now reports to him.
Goodall said: “Nathan is an outstanding investment professional who combines a detailed understanding of asset allocation and fund selection with tremendous energy and the all-important ‘can-do’ attitude that embodies our approach at Marlborough.
“We’ve already taken important steps in building the multi-asset side of our business and Nathan will play a key role in continuing and accelerating this ambitious growth.”
Sweeney added: “It’s a great privilege to be taking the helm of such a talented multi-asset team, who share a common commitment to ensuring we deliver first-class outcomes for investors.”
See also: Marlborough creates investment platform for advisers
