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PEOPLE MOVES: Value Partners, Nutmeg, Brooks Macdonald Int’l

By Robbie Lawther, 1 Jul 22

Asset manager names chief executive, as CEO steps down from digital wealth firm

Value Partners Group

June Wong has been named as chief executive of the asset manager.

Wong joined Value Partners in October 2021 and she most recently served as the group’s president.

She was appointed as an executive director of the board of Value Partners on 24 January 2022.

Nutmeg

Chief executive Neil Alexander has left the digital wealth manager one year after its acquisition by JP Morgan Chase.

Alexander succeeded Martin Stead as the firm’s top boss in January 2020, having previously been joint chief financial officer and chief operating officer.

A filing from Companies House, published Thursday, shows he was terminated as a director on 30 April 2022. According to his Linkedin profile, he is “taking a break” and has been self-employed since June.

Sanjiv Somani, head of Chase’s international consumer business in the UK, will now take on responsibility for Nutmeg.

He will continue to work closely with chief operating officer Matt Gatrell, chief investment officer James McManus and chief risk and compliance officer Darragh Geraghty on the day-to-day running of the Nutmeg business, a spokesperson told our sister publication Portfolio Adviser.

Brooks Macdonald International

Matthew Wintour has been promoted to head of intermediaries of the wealth manager

Wintour was previously head of adviser solutions – a role he has held at Brooks Macdonald International for over three years.

Quilter

The financial services giant has hired Jenny Davidson as head of strategic propositions.

She has responsibility for defining the over-arching proposition for Quilter’s platform and investment solutions.

Davidson joins Quilter after more than a decade at Abrdn/Standard Life. Most recently, she held the role of global head of wealthtech solutions and prior to that was head of platform investment solutions.

AXA Investment Managers

Laurent Caillot has been named as global chief operating officer, effective 1 September 2022.

Caillot is currently global head of technology and operations.

He will take over from Godefroy de Colombe, who will pursue a career in a different professional sector.

Newton Investment Management

The BNY Mellon Investment Management subsidiary has bolstered its multi-asset senior leadership team with the appointments of Paul Flood as head of mixed assets investment, and Hilary Meades as head of charities investment.

This follows the decision by Rob Stewart, current head of multi-asset balanced and charities, to retire later this year, and will see Newton separating the leadership of its mixed assets and charities investment capabilities.

Flood, who is currently lead manager of the BNY Mellon Multi-Asset Income Fund and BNY Mellon Multi-Asset Diversified Return Fund, will assume Stewart’s responsibilities as lead manager of the BNY Mellon Multi-Asset Growth Fund on 1 July.

He will also join the management team of the BNY Mellon Multi-Asset Balanced Fund and BNY Mellon Multi-Asset Global Balanced Fund, working with lead manager Simon Nichols.

Meades will be responsible as head of charities investment for leading on the investments of Newton’s charities investment team and for managing the team of other portfolio managers focused on those investments.

Nedbank Private Wealth International

The wealth manager has promoted Simon Prescott to head of wealth planning, according to his Linkedin profile.

He will be based in London.

Prescott was previously a senior wealth planner at the firm.

Time Investments

The investment firm has hired Tom Hardy as regional business development Manager for the east of England.

He was previously at Seven Investment Management.

Rupert Bloomfield takes on the role of regional business development manager for the south east, having spent four years at Octopus.

Gareth Perry has been appointed as regional business development manager for the south west, having had similar roles at Seven Investment Management and Zurich.

Oliver Papa has been promoted to regional business development manager south central, having been in an office-based business development role at Time for four years.

Harriet Warren has been hired from Seven Investment Management in a business development role focusing on the London region.

Finally, Amy Henderson has joined Time as strategic partnerships manager from BNY Mellon Investment Management, where she spent three and a half years working within the strategic partnerships team.

Avellemy

The UK asset manager has appointed Paul Nathan as non-executive chair of its board, effective immediately.

He has held senior positions at companies including Railpen, where he was chief operating officer of investments, and Old Mutual Global Investors, where he was the was chief operating officer and director on the UK asset management board and all fund boards across the UK, Ireland and Cayman.

Nathan’s appointment follows Steve Lloyd’s promotion to managing director and Graham Bentley’s appointment as chief investment officer in January 2022.

Tags: Axa | Brooks Macdonald | Nedbank | Newton | Nutmeg | Quilter | Time Investments | Value Partners

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