PEOPLE MOVES: St James’s Place, Boston MFO, Nucleus
Wealth manager poaches LGIM head of multi-asset funds, as family office makes c-suite changes
Butterfield
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PEOPLE MOVES: Saltus, Butterfield, Brown Advisory
Wealth firm makes c-suite change, as banking group names managing director of Jersey
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Credit Suisse sells global trust business
Sale involves operations in Guernsey, Singapore, The Bahamas and Liechtenstein
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PEOPLE MOVES: AJ Bell, Matthews Asia, Butterfield
Investment firms make CEO change, as financial services group names vice president of private banking
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PEOPLE MOVES: JO Hambro, HSBC GAM, Momentum Global
Asset manager hires head of sales and distribution, while rival pursues healthcare investment strategy
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60% of wealthy Asia clients snub succession planning
Three-in-10 see ‘no perceived need’ to put a strategy in place
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PEOPLE MOVES: Waverton IM, Brooks Macdonald, Cazenove Capital
CEO named at investment manager, while wealth firm announces two promotions and a departure
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PEOPLE MOVES: Quilter Cheviot, Rowan Dartington, Indosuez WM
Geoff Cook takes on consultancy role at UK investment manager
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Bermudian bank acquires Channel Islands business
Deal is expected to close during the third quarter of 2019
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PEOPLE MOVES: Abacus Financial Consultants, Butterfield, Nucleus
Abacus Financial Consultants head of recruitment joins recruitment boutique, Butterfield appoints for Asia push and Nucleus names two non exec directors and remuneration chair.
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Trust acquisition adds Asia presence to $95bn offshore specialist
Bermuda-based Bank of N.T. Butterfield & Son will establish an Asia presence following its acquisition of Deutsche Bank’s Global Trust Solutions (GTS) business.
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PEOPLE MOVES: Friends Provident, Old Mutual, Legal & General
Friends Provident International and Old Mutual Global Investors have announced senior appointments in Asia. Legal & General Investment Management has created a new head of wealth management role and Axa IM has boosted its UK distribution efforts with its latest recruit.