Quilter Cheviot has appointed Caroline Simmons (pictured) as it chief investment officer following the recent retirement of Duncan Gwyther.
She will begin in the new role in March.
Simmons joins from UBS Global Wealth Management, where she has worked for 20 years in various roles, more recently as CIO of its UK wealth management business since 2020.
In her new role, Simmons will be will be responsible for the firm’s investment process, as well as the day-to-day management of the equity, fund and fixed interest research teams. She will also join the firm’s executive committee.
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Andrew McGlone, chief executive at Quilter Cheviot, said: “I’m delighted that Caroline will be joining Quilter Cheviot. She is a highly respected investment-focused leader and inherits one of the most established research teams in our industry who I have no doubt will continue to excel under her stewardship.
“Caroline’s significant experience will bring a fresh perspective to our business and our investment process, which is at the very heart of the personal service we offer clients.”
Simmons appointment follows the recent retirement of CIO Duncan Gwyther and the upcoming retirement of chief investment strategist Alan McIntosh.
“It is also a time to reflect on the immense contribution Alan and Duncan have given to our business over the years. They have been integral in developing our investment process, as well as providing valuable insight and guidance as members of our executive team, where they have contributed considerably to the oversight and day-to-day running of Quilter Cheviot, always with their care for the business and our people and clients at the forefront of their minds.”
