Canaccord Genuity Wealth Management
David Muncaster has been named head of distribution at CGWM for the UK and crown dependencies.
In the newly created role, Muncaster with be responsible for the growth of distribution channels across the UK for Canaccord Genuity Wealth Management, with an initial focus on maximising new business activity in the UK intermediary business. He will also be developing the firm’s proposition for intermediaries.
Prior to CGWM, he led distribution teams at UBS, Close Brothers and Bordier & Cie.
AssetCo
Campbell Fleming is joining the board of directors and will take up the role of chief executive of AssetCo on 2 October. He will again be working with chairman Martin Gilbert, having previously been global head of distribution and marketing at Standard Life Aberdeen until September 2020.
Before joining Aberdeen Asset Management in August 2016, Fleming was chief executive, Emea and global chief operating officer at Columbia Threadneedle Investments, having joined the firm as global head of distribution in November 2009 from JP Morgan Asset Management.
The appointment supersedes an earlier announcement that Peter McKellar would become deputy chairman and chief executive of AssetCo. Other business commitment have left him unable to assume the CEO role, however he will still serve as deputy chairman.
Nucleus
The wrap platform’s chief technology officer, Andrew Smith, will retain the role for the combined Nucleus and James Hay platform group.
Smith joined Nucleus at inception in 2006, becoming chief operating officer two years later. He was previously platform chief operating officer for Axa Elevate and vice president of technology and operations at Thomson Reuters.
The James Hay acquisition of Nucleus completed in August. Other leadership announcement include:
- Richard Warner – chief operating officer
- Alex Kovach – chief commerical officer
- Alison Longbottom – chief people officer
Deutsche Bank Wealth Management
Shankar Jha has joined the German bank’s global south Asia (GSA) team in Singapore as a managing director and group head. Reporting into Amrit Singh, head of GSA, he has over 20 years’ experience in private banking and wealth management. Jha previously worked at DBS Private Bank, UBS and Citibank as a private banker and team leader, covering clients in Singapore, southeast Asia, the Middle East, India and the United Kingdom.
In a further move, Sachin Thussu has joined as a director and senior investment adviser based in Singapore. Thussu will be part of the investment management team and report into Ritesh Goenka, head of investment management GSA.
He has over 20 years’ experience across financial markets (FX and precious metals) and cross asset advisory. He previously worked at DBS Private Bank, Credit Suisse, Standard Chartered Private Bank and Citibank, across desks in London, Zurich and Singapore, covering clients ranging from private wealth to quasi-institutions.
JO Hambro Capital Management
The active asset manager has appointed Andrew Parry as head of investments and member of the executive team. He will join in mid-February 2022 and be based in London.
He will provide investment oversight to JOHCM’s 14 investment teams including Regnan, JOHCM’s responsible investment arm, as well as the trading functions based in London, New York and Singapore.
Parry most recently served as head of sustainable investing at Newton Investment Management. Prior to this, he was at Hermes Investment Management for 13 years where he was head of sustainable investing. While at Hermes, Parry formed the impact opportunities team with Tim Crockford, who now heads up the equity impact solutions team at Regnan.
HSBC Asset Management
Caroline Keany has been hired as a senior portfolio manager with the emerging market debt investment team at HSBC AM.
Based in London, she joined on 6 September and reports to Bryan Carter, head of global EMD.
Keany joins from EMSO Asset Management where she held several roles, most recently senior portfolio manager and partner responsible for directing a team of analysts and leading EM corporate debt investments for the firm’s total return hedge fund.
Quilter Cheviot
The discretionary fund manager has bolstered its research team with the hire of analyst Yusuf Durmax.
Joining from Allfunds, where he worked as a fund analyst in the global equities, sustainable and thematics space, Durmaz will help supplement dedicated research on ESG and sustainable strategies.
He will report into Quilter Cheviot’s head of investment fund research, Nick Wood, and work closely with Melissa Scaramellini, who leads on the positive change strategy and the firm’s ESG fund research.
Durmaz brings over a decade of fund research experience having also previously worked at GAM, where he was responsible for the research and selection of US and global hedge funds and long-only equity funds.
Rathbones Unit Trust Management
Keval Thakrar has been hired as an equity analyst working alongside co-managers Carl Stick and Alan Dobbie, and equity analyst Kate Pettem, on the Rathbone Income Fund.
Thakrar joins from Kuwait Investment Office where he worked for six years, most recently as a global equities investment analyst. Previous analyst roles have covered fixed income and cash & securities at HSBC and Bank of America, respectively.
Julius Baer
The Swiss wealth management group has hired three senior-level professionals in its Moscow office. Having been present in Russia since 2008, Julius Baer has expanded its footprint, in particular with the establishment of a full-scale investment advisory office in Moscow at the beginning of 2019.
Vladislav Metnev joins as an investment adviser from Ingosstrakh-Investments Asset Management Company. Daria Matusevich and Ekaterina Ardasova joining as relationships managers from Credit Suisse Moscow and Sber Private Banking, respectively. They will strengthen the firm’s coverage in the capital and also the regions.
Jersey Financial Services Commission
Jill Britton has been appointed interim director general at the JFSC. She replaces Martin Moloney who has become secretary general of Iosco.
Britton has been director of supervision since 2016, holding responsibility for overseeing the regulation of Jersey’s financial services industry and the supervision of other sectors for anti-money laundering and terrorist financing.
Personal Finance Society
Sarah Lord has been re-elected president of the PFS. She was unanimously appointed for a second term.
Prior to the PFS, Lord’s most recent role was chief client officer for Succession Wealth. Prior to that she was a partner at Mazars, and before that a partner at Killik & Co heading up the wealth planning operation in both the UK and the Middle East.
Brown Advisory
The independent global investment management firm has hired Anna Rudgard as a fixed income ESG analyst to expand its global sustainable fixed income team ahead of launching its first strategy later this year.
Rudgard joins from Aon, where she was a senior consultant in its manager research team and lead researcher for fixed income ESG strategies. She will be based in Brown Advisory’s London office and work closely with the firm’s existing team of fixed income and equity ESG analysts.
