Marcel Bradshaw (pictured, left), Orbis Investments head of UK retail, is set to retire at the end of the year after almost three decades in asset management.
Bradshaw joined Orbis in 2016 after a two year stint as sales director at Quilter’s international business.
Dan Brocklebank, head of Orbis Investments in the UK, said: “We would like to sincerely thank Marcel for all he has done for Orbis and for establishing our UK retail business. We wish him all the very best for his retirement.”
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Orbis has promoted Matthew Spencer to head of UK retail. He has been at the firm since 2008, most recently leading Orbis’s investment counsellor team which is responsible for servicing institutional clients and investment consultants.
The firm said Spencer will continue to focus on UK advisers as well as exploring opportunities to further expand Orbis’ reach to a broader UK client base.
Brocklebank said: “We are pleased to have someone as experienced as Matthew to lead our UK Retail business team.
“By appointing Matthew, we are reaffirming our commitment to enhancing value for our UK clients. His experience, and deep understanding of market and client dynamics, strongly positions him to lead the team, where he will continue to ensure that Orbis remains responsive to clients’ needs as the investment landscape evolves.”