People Moves

Summary Of Executive Moves In Global Wealth Management – March 2022

Editorial Staff, 13 May 2022


GAM recently appointed former BlueBay Asset Management senior figure David Dowsett as global head of investments. Dowsett reports to GAM chief executive Peter Sanderson. Juan Landazabal, head of trading, was elevated to head of investment platform and reports to Dowsett.

Two senior figures, Anthony Lawler and Greg Clerkson, decided to leave the firm. Lawler was head of GAM Systematic and its multi-asset businesses and Greg Clerkson was head of discretionary investments; both have made significant contributions to putting GAM on track for growth. 

With almost 30 years’ investment experience, Dowsett worked for 18 years at BlueBay Asset Management, joining in 2002 at the outset of the firm’s journey. His roles included co-chief investment officer. 

BNP Paribas Asset Management appointed Nadia Grant as head of global equities. Based in London, Grant reports to Guy Davies, chief investment officer, fundamental active equities. Grant is responsible for the firm’s global equity team based in London and Paris. With a career spanning 22 years, Grant joined from Capital Group, where she was a portfolio manager within the capital solutions group responsible for global multi-asset solutions. She was previously Columbia Threadneedle’s EMEA-based head of US equities, prior to which she served in various portfolio management roles at JP Morgan Asset Management. 

Adding to his CIO role, Guy Davies was appointed deputy head of investments with immediate effect. Davies was based in London and continued to report to Rob Gambi, BNPP AM’s global investment head.

Stonehage Fleming, the multi-family office, appointed Nick Toubkin as director of its wealth planning team. Based in the firm’s London office, Toubkin, who has more than 15 years of experience, reports to Susie Hillier, partner and head of wealth planning. Toubkin previously worked at Strabens Hall as senior client director and a member of the investment committee and senior management team, advising ultra-high net worth and high net worth international clients on investment consulting, financial planning and wealth structuring services.

MASECO Private Wealth, a UK-based firm specialising in serving expat US clients, appointed former Mediolanum asset management figure Damian Barry as chief investment officer. He took over from the previous CIO who left last year. With a career spanning more than 25 years, Barry was the head of multi-asset management for Mediolanum. Before this, he ran multi-asset portfolios for Seven Investment Management in the UK. He has also run portfolios at Threadneedle and Russell Investments for a wide range of institutional, high net worth individuals and retail clients. 

REYL Intesa Sanpaolo, the Swiss banking group majority-owned by Fideuram - Intesa Sanpaolo Private Banking, appointed Jon Duncan to develop and implement its impact strategy. Duncan, who is based in Geneva, has more than 24 years of professional experience in sustainability research and engagement, eleven of which have been in financial services. He was involved in drafting the South African Code for Responsible Investment. He is a senior associate of the Cambridge Institute for Sustainability Leadership and has served on the UN PRI global reporting and assessment committee. 

Fiducia Partners, the London-based multi-family office, appointed former professional cricketer Stephen Reeves as investment director. Reeves, who has played in South Africa and England, read law following his decision to retire from professional cricket, and obtained a masters in international management, specialising in contract law.

Avignon Capital, the European real estate consultancy which oversaw €1.4 billion in assets as at 30 January, appointed Dr Nils Kok as senior impact advisor. He is responsible for leading the sustainability team. Dr Kok is a professor of real estate finance at Maastricht University in the Netherlands. He was also founder and chief executive of GRESB, a global ESG rating company for real estate and infrastructure investments.

Lakemore Partners, the private credit investment firm, named Arno van den Heiligenberg as managing director and head of business development for Europe. The role was a new one for the business. Van den Heiligenberg most recently served as the global co-head of investment fund sales at UBS Wealth Management. Prior to this, he worked in various capacities at ING Investment Management, JP Morgan, Merrill Lynch, and Citigroup.

Candriam, the investment firm, appointed Jörg Allenspach as global head of private assets distribution, adding to his role as head of Candriam Switzerland. The role was a new one for the business.

Allspring Global Investments appointed Henrietta Pacquement and Janet Rilling to senior roles in its fixed income arm. Rilling, with 26 years of investment experience, leads Allspring’s newly-renamed Plus Fixed Income team, based in Menomonee Falls, Wisconsin.

UK/Switzerland-based wealth management firm Bellecapital tapped a former chief executive of Deutsche Bank UK, Sophie Hutcherson, as an independent board member. It also named Sarah Watters as head of UK portfolio management. Watters started her career at JP Morgan Asset Management and continued at BP Investment Management where she was head of equities and a member of the senior leadership team. Hutcherson, who has had a career of more than three decades in the banking sector, has served in executive roles for Wells Fargo, Deutsche Bank, Liberum and Lehman Brothers.  

BRI Wealth Management, the UK firm, appointed Jordan Laight as a financial planning “paraplanner.” Laight works with financial planners, assisting with drafting financial planning reports, advising clients on their investments based on objectives, risk profile and time horizon. Based in Meriden, Warwickshire, she will report to Nick Sinclair-Wilson, chartered financial planner.

Wealth advisory firm Artorius named former UBS senior figure Vanda Cox as business development director. Having worked at EQ investors, and previously Broadstone Corporate Benefits Limited, Cox has extensive experience within the financial services sector, including private client advice and planning, corporate pensions and employee benefits (including health, risk and flexible benefits), and wealth management.

Seraphim Space, manager of Seraphim Space Investment Trust, a UK-listed space tech fund, appointed Sarah Shackleton as its new chief operating officer. She is a partner of Development Partners International, the private equity house.

Fidelity International appointed Ghislain Perisse as head of insurance solutions, Europe. In this newly-created position, Perisse supports the expansion of the business with insurance clients across Europe, working closely with Fidelity’s institutional and wholesale sales teams. Perisse joined from Schroders, where he was head of insurance strategy for the EMEA region. Prior to Schroders, he worked at AXA Investment Managers and Morgan Stanley.

Quilter Cheviot hired an investment manager and two business development managers for its London office. Kevin Adams joined as an investment manager from WH Ireland where he worked for more than 23 years. He reports to investment director Mats Arthursson. Paul Keogh and Mark Henderson were appointed as business development managers. Keogh joined from Royal London Asset Management. Based in London, he covered the East of England. Henderson, who joined from VitalityInvest, is responsible for sales in London. They report to head of distribution for Quilter Cheviot, David Butler.

Allspring Global Investments appointed Matt Wren as chief technology officer. Wren joined from Allspring from BlackRock, where he most recently served as global head of investment technology. Before his role as investment tech head at BlackRock, Wren had various leadership positions at BlackRock, Barclays Global Investors, and Barclays Capital, spanning research, alpha generation, trading, investment operations, and risk management. Wren spent more than 24 years in the industry. 

Artorius named Olivia Bucher as wealth planner. She joined Jane Fowke and Kate Thurman to provide wealth and financial planning advice to Artorius’ clients. Bucher, who previously worked at Chadwicks Ltd, St James’ Place Wealth Management, and most recently as a financial planner at Mazars, has almost seven years’ experience in financial services. 

Tilney Smith & Williamson, rebranding to Evelyn Partners, named business advisor John O’Callaghan as professional services managing partner for Ireland. O’Callaghan joined from BDO where he has been a partner since 2006. 

Quintet Private Bank-owned Brown Shipley made a raft of new hires across the Eastern UK region, including an ex-Barclays regional director. Simon Smith, who joined as managing director, Brown Shipley, has 34 years of industry experience. Smith was most recently regional director, East region, at Barclays Wealth & Investment Management. Brown Shipley also appointed eight additional client advisors who join Smith: Kevin Nevard, Paul Marshall, Mark Turner, David Vernon, Luke Caraccio, Warren George, Mark Harrod and James Haynes, all of whom have extensive experience of providing advice to private clients, most recently with Barclays Wealth & Investment Management.

Credit Suisse Asset Management appointed Colin Fitzgerald as global head of distribution. He joined from Invesco, where he most recently served as head of EMEA distribution and chief executive officer, Invesco Asset Management. Jo McCaffrey was appointed global head of product. Based in Zurich, she joined from PineBridge Investments, where she most recently served as head of products.

Filippo Rima, promoted to global head of investment, was head of CSAM Switzerland and EMEA and chief executive officer of CSAM (Switzerland). Previously, he was the division’s head of equities. 

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