PEOPLE MOVES: Square Mile, Tellworth, State Street

Square Mile snaps-up former BMO multi-asset manager

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Square Mile Investment Consulting and Research

Scott Spencer has joined the firm as an investment director, in its investment management team.

In his new role, he will help manage Square Mile’s MPS and investment solutions, as well as the company’s wider investment propositions across all arms of the business.

Prior to joining Square Mile, Spencer joined BMO Asset Management’s LLP multi-asset team as a partner 10 years ago, with the business becoming part of Columbia Threadneedle in 2021.

Spencer, alongside colleagues Kelly Prior and Rob Burdett, exited the firm in February this year as the result of a restructure.

Tellworth

Tellworth UK Income and Growth manager Mark Barnett will leave the company at the end of June following the completion of Tellworth’s acquisition by Premier Miton.

Barnett launched the fund in March 2022 shortly after joining the firm in 2021. It is up 12% since then, largely in line with the IA UK Equity Income sector average.

He will be replaced by Premier Miton’s Emma Mogford, who manages its Monthly Income and Optimum Income funds.

State Street

The firm has appointed Denis Dollaku as head of business for State Street Bank International and Riccardo Lamanna as head of products for SSBI, both reporting to Andreas Przewloka, CEO of SSBI.

Riccardo also has a dual reporting line into Chris Rowland, head of custody, cash and depositary bank services.

In his new role, Dollaku will be responsible for SSBI’s commercial strategy to drive revenue growth, increase market share, and position SSBI as the ‘partner of choice’.