arbuthnots proctor leaves for pastures new
Arbuthnot Banking Group is to lose CEO of its private banking division Dean Proctor, in what his employer sees as a sure sign of brain drain from the UK.
People Moves
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henderson to retain sri funds but not sri team
Henderson Global Investors has confirmed its SRI team has been “provisionally identified as at risk of redundancy” with its funds retaining their SRI mandate and being run by the existing global and UK equity teams.
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UK business development hire for Legg Mason
Legg Mason Global Asset Management has hired ex-Legal and General Investment Management sales manager Dan Franklin as director of business development for the UK.
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Vestra Wealth adds to Jersey team
Vestra Wealth has appointed three further portfolio managers to its Jersey-based team.
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legg masons miller to step down
Bill Miller is to step down as chief investment officer of Legg Mason Capital Management in April and will pass over sole responsibility of his flagship fund to Sam Peters.
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kleinwort benson new head of wealth management
The latest in a number of senior management changes at Kleinwort Benson sees a new head of of wealth management.
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coutts names new head of investment office
Gayle Schumacher has been promoted within Coutts & Co and is now head of the firms investment office.
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syz expands its fund research team
Swiss banking group Syz & Co has announced two new appointments to Syz Fund Research, its fund analysis and long only manager selection service.
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gam ups its fund of hedge fund capability
GAM has hired Anthony Lawler from Man Group to help develop the firm’s fund of hedge fund portfolios.
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kames capital expands fixed income team
Kames Capital has hired Greg Mackay to work as a derivatives specialist in its fixed income team.
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ubs names new ceo to assert stability
UBS has named Sergio Ermotti as its new chief executive officer in what is hoped will be a less troubled future for the Swiss bank.
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uhnwis control 25trn wealthx study
A pool of almost 186,000 ultra-high net worth individuals account for assets of more than $25trn, according to Wealth-X, a Singapore-based research provider to global institutions.