Who’s Moving Where In Wealth Management? – Carmignac, Titan Wealth, Saxo Bank
The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.
Asset manager Carmignac strengthened this week its equity investment team with the appointment of Mathias Santos Silva as a technology, media and telecom analyst, reinforcing its footprint in the tech sector as a core area of expertise.
Based in London, he joins Carmignac from Boden Capital where he was a senior analyst covering the TMT sector from both a long and short investing perspective, the firm said in a statement.
He has previously worked in several investment firms in the
Nordics, France and the UK, including a position as an equity
research analyst at Morgan Stanley from 2014 – 2017, the firm
Led by David Older, Carmignac’s equity investment team consists of 20 experts in European, emerging market and global equities. Fund managers are supported by sector specialists, enriching the investment process through their analysis, as well as an entrepreneurial mindset geared towards today’s fast-paced and evolving capital markets, the firm added.
The strength of the team lies in their ability to capitalize on global secular trends through a stock-specific, bottom-up approach which is supported by the firm’s macro analysis and risk-management process, the firm continued.
He reports to Older who said: “Mathias’s appointment adds significant experience in the TMT sector to our equities team. His expertise in long/short investing will reinforce our investment team’s ability to identify the best opportunities in all market conditions.”
Titan Wealth Holdings
Titan Wealth Holdings, a fund manager, wealth and asset management business, has made two senior appointments to its sales team: Mark Livesey joins as head of sales and Nick Hockney has joined as senior sales consultant.
Livesey was previously a partner and business development director at LGT Vestra where he was responsible for the recruitment and retention of clients, the firm said in a statement. He joins Titan Wealth Holdings as head of sales and will concentrate on IFA distribution of the full client to custody model that the Titan group delivers.
He also sits on the advisory board of Mindsum, a charity which supports children and young people with mental health challenges.
Hockney, who joined Titan a number of months ago, started his career in the UK Life Industry before progressing to international structuring & investments for Luxembourg and Dublin Carriers, the firm continued.
As well as UK IFAs, he works with an extensive network of private
client advisers throughout Europe and internationally. At Titan,
he will originate opportunities across the group in the UK and
will lead international adviser development, the firm said. He is
also a trustee at The Nell Bank Outdoor Education Centre which
helps underprivileged children connect with nature.
Welcoming the move, Andrew Fearon, joint CEO at Titan Wealth Holdings said: “These appointments come at a time of exceptional growth for the business. The expansion of our sales team reflects the desire to accelerate the growth curve to meet our three-to-five-year business plan. Titan continues to attract high-calibre talent to the business, and I’m joined by the whole Titan team in welcoming Mark and Nick.”
Titan is a discretionary fund management / wealth and asset management business, targeting £50 billion ($60 billion) in assets under administration over the next three to five years and assets under management of £40 billion.
Saxo Bank, a fintech specialist, appointed this week Mads Dorf Petersen as chief financial officer to strengthen the bank’s presence. He has held the position since October, on an interim basis, after Mette Ingeman Pedersen left Saxo, the bank said in a statement.
Prior to that, Dorf Petersen was head of commercial finance at Saxo. He joined the bank in 2009 and has held various leadership roles within finance including head of business planning and analysis and deputy head of group finance.
Kim Fournais, CEO & founder, said: “On behalf of Saxo, I’m very happy to announce that Mads Dorf Petersen will continue in the role as CFO. Mads is an exceptional and positive person, a subject matter expert that is always curious to learn even more, and he is very well-liked and respected by his colleagues and team. His expertise and proven track record makes him the ideal person to lead our financial and legal operations and help us achieve our strategic goals.
He knows Saxo in detail as he has been with us for more than 13 years and brings a deep understanding of both the business model, our strategy and the finance and legal area, which will be core to our future growth journey.”
Dorf Petersen added: “Saxo is serving more clients than ever before, and we look forward to welcoming many more over the coming years. The fact that Saxo is a prudent, regulated, and well-capitalised financial institution is one of the foundations of our success, and we remain fully committed to being ahead of the curve on these crucial areas as we continue to grow and further scale our business.”