Baird also indicated that growth in the asset manger’s $1.5bn Global Technology fund and $2bn North American fund were encouraging signs for the group, as was the buzz around its UK Absolute return vehicle and UK Value Opportunities fund run by ex-Miton duo George Godber and Georgina Hamilton.
The Godber/Hamilton vehicle has already attracted £250m since its launch on 31 January.
The soon-to-be-former CEO Woolley also hinted at the group’s future growth, with Rochussen’s business development expertise playing a key role in the group’s push into overseas markets.
“There are undoubtedly challenges ahead for us as a Company and the industry in general but I believe there are significant opportunities too, especially if one looks beyond the UK to the global wealth management industry.
“Gavin’s arrival is timely in that respect given his expertise in overseas business development and this will no doubt play a key role in our future growth in the coming years.”
