UK
London & Capital, the wealth manager, appointed Mark Estcourt as executive director, to head a new division, called Immigration Investment and Wealth Management, and to develop the firm’s proposition for those seeking a Tier 1 investor visa. Estcourt previously worked at the London-based wealth manager, Merchant Cavendish Young, where he held the position of managing director and wealth manager.
Brown Shipley, the UK private bank which is now ultimately owned by Luxembourg-based Precision Capital, appointed private client director Charles Fotheringham to head its Edinburgh office. Fotheringham, continues to look after his own clients and took over from Graham Auld, who retired at the end of August but who still has an ambassadorial role with the firm. Fotheringham has been with Brown Shipley since December 2011.
UK-based regulatory consultancy The Consulting Consortium named Simon Waugh as chairman of its board. Waugh was formerly group sales and marketing director at Centrica. He also served as the chief executive of AWD Chase de Vere and as managing director of SAGA Services.
OVS Capital, the investment manager which focuses on European equity event-driven strategies, bolstered its business team with the addition of two new members. Robert Moore joined to manage treasury and finance, while Yvonne Daffy joined as a fund accountant.
Legal & General Investment Management named Colin Reedie as head of European credit portfolio management. Reedie assumed his new role on 1 October. He has been with the firm since 2005, having previously been head of investment grade credit fund management at Henderson Global Investors.
Meanwhile, LGIM appointed Marion Stommel as head of credit, reporting to Roger Bartley, head of fixed income. Stommel replaced Christophe Tamet, who left last October to take up a career opportunity in Geneva. Stommel joined LGIM from WestLB Mellon Asset Management.
Henderson Property, the £12.3 billion (about $19.9 billion) property business of Henderson Global Investors, promoted Carl White to serve as fund manager for its €900 million ($1,160 million) European retail fund, HERALD. White worked on HERALD since joining the firm over four years ago.
Henderson Global Investors promoted Jenna Barnard, previously co-manager of various Henderson funds, to deputy head of its retail fixed income team. It also transferred Nicholas Ware from its secured loans team to serve as director of retail fixed income.
Kleinwort Benson appointed Jason Turner as an executive private banker within its private wealth management team. Turner was latterly with UBS Wealth Management.
Luxembourg-based Lombard International Assurance appointed Robert MacIntyre to lead its UK team and spearhead the development of the firm’s relationships with the UK private banking market. MacIntyre joins from Merrill Lynch, where he had been head of wealth planning for EMEA.
Psigma Investment Management appointed Gerald Eastwood as marketing and communications manager, recruiting him from PensionsFirst, the pensions analytics firm. While at PensionsFirst Eastwood had been assistant vice president of marketing.
Brooks Macdonald Asset Management, part of UK-listed Brooks Macdonald, bolstered its York office with the addition of investment management director Haydn O’Brien. O’Brien joined the firm from Maunby Investment Management, where he had worked since 2008.
The wealth and investment division of Barclays added to its team in East Anglia with a new senior hire for its Ipswich office. Andrew Spivey joined as a portfolio manager to run discretionary portfolios in the East Anglia portfolio management team (this team is part of the firm’s global research and investments department). Spivey was latterly a private client manager at Killik & Co in Ipswich.
London-based investment manager Hartmann Capital appointed Roderick Collins as a non-executive director. As part of his role Collins will be acting chairman of Hartmann’s wealth management division. Collins is a director at JP Morgan Income and Capital Trust and chairman of the advisory board at The Somers Partnership.
Stewarts Law, the UK and US-based litigation-only law firm, boosted its family and divorce team with the addition of high-profile divorce lawyer Helen Ward as a partner. Ward is known for representing the wife in the famous Charman divorce case and securing her a record-breaking £48 million ($78 million) award - the highest determined by a UK court to date.
Edmond de Rothschild Group launched a private wealth advisory business in London. The new business will target privately-held companies, entrepreneurs and family offices, and Edmond de Rothschild appointed three founding partners to lead its development. Christoph Ladanyi was previously a senior managing director at the wealth and investment management division of Barclays, Richard Madeley was latterly a senior managing director at JP Morgan Private Bank, and Henrik Schliemann joins from Hawkpoint, where he was co-head.
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