Evelyn Partners
The firm has bolstered its Surrey office with the hire of Emma Rivers as a financial planner.
Rivers, who previously worked as a wealth manager at Barclays Wealth Management & Private Bank, will be based at the firm’s Guildford office, which offers a range of financial and professional services including financial planning, investment management, and tax advice.
Prior to working at Barclays, Rivers advised at Saunderson House, part of the Rathbones Group, where she focused on clients who were partners of the Big 4 accountancy firms.
Canaccord Genuity Wealth Management
The firm has appointed Lorraine Armstrong as senior investment director.
She joins from RBC Brewin Dolphin after 25 years, where she was most recently divisional director.
Based in Canaccord’s Newcastle office, Armstrong specialises in tailoring discretionary investment management for private clients.
Duncan Stratford, managing director of Canaccord, said: “We are delighted to welcome Lorraine to Canaccord. Leading our discretionary investment service for wealthy clients in Newcastle, Lorraine will join our fantastic team of wealth planners.
M&G Investments
The asset manager has announced the departure of fixed income boss Jim Leaviss after 27 years at the firm.
Leaviss, who was appointed head of fixed income in 2020, will leave to pursue a masters in the history of art.
He will be replaced by Schroders head of fixed income Andrew Chorlton later this year, who will oversee M&G’s £139bn public fixed income.
Joseph Pinto, M&G Investments CEO, paid tribute to Leaviss’s time at the firm, saying he should be “extremely proud” of his career at M&G.
Vanguard
Salim Ramji has started his role as CEO, succeeding Tim Buckley who held the position for six years.
Ramji, who is the former global head of iShares and index investments at BlackRock, was appointed to the position by the Vanguard board in May.
He brings 25 years of leadership experience, including his time at BlackRock and as a senior partner for McKinsey & Company.
Time Investments
Chris Johns has been appointed as business develop director.
He has joined from Jupiter Asset Management and has a long track record in business development and strategic partnerships. At Time, he will coordinate and promote the range of defensive open-ended funds across the UK marketplace, alongside Amy Rumsby, strategic account manager.
Simon Housden, distribution director, said: “Chris will be leading a dedicated funds team, which we expect to grow, and will be working alongside the wider 40-strong Business Development team to increase our reach in the funds space, with a focus on Discretionary Fund Managers, Family Offices and Charities.”
GAM
The firm has appointed Randel Freeman as co-CIO of its alternatives arm as the Swiss asset manager looks to build out its offering within the asset class.
He will become co-head of the division alongside Albert Saporta.
Freeman brings 30 years experience within the hedge fund industry to GAM, with his previous role being a seven-year stint at Monaco-based activist fund SSVL Monaco.
In 2000, he co-founded Centaurus Capital, a multi-billion dollar hedge fund group, and served as the firm’s CEO and CIO until 2014 when the business was sold to Fortress Investment Group.
Edentree
Ex-EdenTree fund manager Ketan Patel has set up a family office with his brother, offering exposure to real estate, global equities and high yield investments via three strategies, all with a responsible and sustainable investment approach.
It will be called Whitefriars, after the street where his father bought their first family home.
After 20 years at EdenTree, Patel left the firm earlier this year amid a restructuring of the portfolio management team. He was responsible for the £100m EdenTree Responsible and Sustainable UK Equity and the £106m EdenTree Responsible and Sustainable UK Equity Opportunities funds at the time.
