Hargreave Hale has welcomed a new investment manager to its Worcester team.

Hargreave Hale, the UK-based investment manager, has hired James Holroyd as investment manager within its Worcester office.

Holroyd joins from EFG Harris Allday, where he was investment director. In the newly-created role, he will manage the firm's portfolio mandates for private clients, charities, trusts and pension funds.

Earlier this year, Hargreave Hale relocated its Worcester branch to a larger office in a bid to enhance its market presence in the area.

“James will add significant expertise and experience to the team at a time when we are striving to extend our proposition across the West Midlands,” said Hargreave Hale's Worcester branch manager, Mike Davies.

Hargreave Hale’s private client business also operates from London, Bangor, Blackpool, Carlisle, Lancaster, York and, most recently, Nottingham. The firm plans to open an office in Norwich later this year.

Hargreave Hale currently manages over £4.7 billion ($7.1 billion) of funds.