Management of the £7bn Cirilium Active portfolio range will pass to Ian Jensen-Humphreys and Sacha Chorley following the departure of co-managers Paul Craig and Hinesh Patel, along with head of investment proposition Danny Knight, Quilter Investors confirmed on Thursday.
Jensen-Humphreys and Chorley launched its sister Cirilium Blend range in 2019.
Quilter Investors said Craig recently took the decision to pursue his career outside of the company but will stay with the business until Q2 2023 to allow for a smooth transition.
Patel and Knight also decided the time is right for them to pursue new opportunities outside the business.
Overseeing both the Cirilium Active and Passive portfolios, Jensen-Humphreys and Chorley “will bring consistency in terms of selection, process and accountability to the Cirilium range across all risk levels, whether selecting active, blend or passive”, Quilter Investors said.
Built out research team
The company also announced it is enhancing its fund manager research with an extended manager research hub. The 13-strong hub is formed of three teams: an extended Manager Selection team; an enhanced Operational Due Diligence team and its existing Responsible Investing team.
Given Chanetsa-Mazarura has been hired as head of operational due diligence, starting in January 2023. This follows the recent appointment of Marisol Hernandez in October as Quilter Investors’ new head of responsible investment.
Marcus Brookes (pictured), chief investment officer at Quilter Investors, said: “We’re pleased to be able to extend Ian and Sacha’s remit and investment approach to the Cirilium Active portfolios, which will deliver a consistent experience and single point of accountability across the range.
“The Cirilium stable is one of the most established multi-asset ranges in the UK, with £12bn invested in the strategy and we’re committed to delivering for real client needs through predictable and reliable solutions with clear accountability.
“Ian and Sacha have built an excellent track record with the Cirilium Blend range and together with our new manager research hub, I am confident the Cirlium Active range will continue to deliver good long-term investment outcomes for advisers and their clients.
“Our thanks go to Paul Craig who was a pioneer of the risk targeted investment approach and, with Hinesh Patel, delivered exceptional service for customers invested in the range.
“We would like to thank Danny for all his contributions over the years and wish him well in the future.”