GAM names co-CIO for alternatives
Randel Freeman heads up the division alongside Albert Saporta
People Moves
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Claudio Ferrarese exits Fidelity after 17 years
Mike Riddell to take over strategic and total return bond funds
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Premier Miton’s Nick Ford to retire as Federated Hermes’ Knox joins firm
Alex Knox will join from Federated Hermes to take up Ford’s responsibilities on the firm’s US funds
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Merck Mercuriadis to step away from Hipgnosis Song Management
Founder and chair will step away upon completion of Hipgnosis Song Fund’s sale to Blackstone
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LGIM wholesale head De Vries departs as part of restructure
Head of wholesale distribution for UK, Europe and Latin America exits after three years
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Fund manager Martin Cholwill passes away, leaving near 40-year legacy
Cholwill spent career with Royal London and AXA Investment Managers
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Close Brothers CIO and head of bespoke exit firm in restructure
Robert Alster and Giles Marshall leave as the company enters ‘a new phase of strategic development’
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JPMorgan Claverhouse’s William Meadon exits after 28 years
Fund taken over by Callum Abbott, Katen Patel, and Anthony Lynch
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LGIM promotes Ben Cherrington to head of UK wholesale
Will replace James Crossley, who is due to join Rathbones in September
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LGIM’s James Crossley to join Rathbones as asset management distribution head
Abigail Sater has also joined the firm from The Big Exchange as head of distribution strategy
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Andrew Shepherd to retire as Brooks Macdonald group CEO
CFO Andrea Montague will become group CEO from October this year, subject to regulatory approval
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Columbia Threadneedle’s Scott Spencer joins Square Mile as investment director
Spencer left Columbia Threadneedle alongside Kelly Prior and Rob Burdett earlier this year
