RWC, an active investment manager based in the UK, has appointed two new individuals to drive growth in its sales team in Italy and UK, having logged a sharp rise in assets under management in the past year and a half.

RWC, an active investment manager based in the UK, has appointed two new individuals to drive growth in its sales team in Italy and UK, having logged a sharp rise in assets under management in the past year and a half.

The duo are Matteo Cianfoni (based in Italy), who was previously responsible for Italian sales at GLG and also at the equity derivatives division for Morgan Stanley. He will join the RWC sales team in August. The second joiner is Roderick Loffler who will join the sales team from his previous three year role in client services at RWC. He is based in the UK.

The firm also recently hired Jillian Smythe and Flora Summerfield. Smythe previously worked for Plurimi Capital after spending over four years at Bank of America Merrill Lynch in prime brokerage. Summerfield also joined RWC having gained previous experience at global consultants, Cardano and Aon Hewitt, is now supporting client services for the institutional market at RWC.

“[Cianfoni] comes to us at a time of strong growth within our Italian business, and we want to offer our clients an increased level of local support. He will be responsible for the ongoing development of RWC’s wholesale and institutional business in Italy,” James Tollemache, head of sales at RWC, said.

“[Loffler] joining as a full-time member of the sales team is the first of a number of developments we are making to our client proposition in the UK market, and we are pleased to welcome Jillian and Flora too, to further strengthen the team,” he added.

He pointed out that RWC’s assets have doubled to slightly under £6 billion ($10.3 billion) over the past 18 months, with most of this growth driven by the UK and rest of Europe.