Towry investment team depart following Tilney deal

At least seven members of the ex-Towry investment team have been made redundant following its acquisition by Tilney Group.

Towry investment team depart following Tilney deal

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Ben Seager-Scott has taken the helm of the team, as director of investment strategy and research with Andy Brown recently appointed from Sanlam Securities.

Jason Hollands, managing director at Tilney Group, said as part of both acquisitions occurring in 2016 – of Towry and Ingenious Asset Management that took place earlier the year – where overlapping functions existed a consultation was carried out with a resultant reduced headcount, however he would not comment on individuals.

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