Standard Life Aberdeen
The UK distribution team of SLA has been strengthened with the appointment of Fergus McCarthy to the newly created role of UK distribution director for regional accounts.
McCarthy will be responsible for managing and leading the investment and platform sales teams and will report to Noel Butwell, managing director of UK distribution.
With more than 20 years’ sales experience, McCarthy was previously head of UK and Ireland intermediary distribution as BNY Mellon. He has also worked for Investec Asset Management, Martin Currie, Axa Investment Managers and Jupiter.
BNY Mellon
In an entertaining twist, Aberdeen Standard Investment’s head of UK investment distribution has been named as Fergus McCarthy’s replacement at BNY Mellon Investment Management.
Michael Beveridge has been appointed head of UK intermediary distribution. He joins on 29 July 2019 and will report to Hilary Lopez, head of European intermediary distribution.
HSBC Global Asset Management
After four decades in the investment industry, Chris Cheetham is to retire as global chief investment officer at HSBC GAM.
He joined the asset manager in 2003 and will remain in post until a successor is named. A search is currently underway and an announcement will be made in due course.
Outside of HSBC GAM, Cheetham serves as a trustee of the Mineworkers’ Pension Scheme and was announced as a non-executive director of the UK’s Pension Protection Fund (PPF) in April 2018.
Premier Asset Management
Helene Winch has been named head of responsible investing at Premier Asset Management. The newly created role will see her overseeing the firm’s overall responsible investing strategy and development.
She joins from HSBC GAM where she was a senior responsible investment adviser. Winch will take up the job in September 2019 and brings with her over 20 years of investment industry experience.
Brown Shipley
The wealth planning and investment management firm has appointed Sandra Dailidyte as client senior manager in its Edinburgh office.
She will be responsible for the management of clients’ investments, as well as providing broader wealth management advice to new and existing clients in Scotland.
Dailidyte joins following four years at TCAM Asset Management/Seven Investment Management where she was responsible for managing discretionary portfolios for around 100 families with a combined wealth of approximately £70m ($89m, €80m).
Prior to this, she spent several years at Standard Aberdeen as a proposition development analyst.
Lombard Odier
Stephen Kamp has joined wealth and asset manager Lombard Odier as chief operating officer (COO) for private clients.
He will be based in Geneva and take up his duties on 16 August 2019, reporting to Frédéric Rochat, co-head of the private clients business.
Kamp has spent his career in Switzerland and abroad; working for institutions such as ABN Amro, HSBC and Julius Baer.
RWC Partners
The investment team of Agilis Investment Management – including company founder Clark Fenton – is to join RWC Partners.
Fenton, along with colleagues Charles Crowson and Praveen Kanakamedala will form the RWC diversified return team.
In conjunction with the move, the current Agilis Luxembourg Ucits fund will become a sub-fund of RWC Funds, a Luxembourg-domiciled Ucits umbrella fund.
The agreement is subject to regulatory approvals and is expected to close late in the third quarter of 2019.
Golden Equator
Singapore-based multi family office Golden Equator has hired Christopher Wilson as philanthropy ambassador to help Asia’s ultra-high net worths understand the benefits of giving money.
According to the firm’s founder and chief executive, Shirley Chua, “the perception of philanthropy is currently still limited in Asia, and is not well understood by Asia’s ultra-high net worths”.
Wilson is described as a social entrepreneur, philanthropy advocate, and finance professional with more than 30 years of experience in banking, consulting, asset management, and technology.
After serving in the British Army, he co-founded Water and Healthcare Foundation in 2008, a non-governmental organisation to improve the lives and conditions of rural communities in Cambodia.
