People Moves

Who's Moving Where In Wealth Management? - Hermes IM, BMO Global Asset Management, Others

Editorial Staff 10 May 2018

Who's Moving Where In Wealth Management? - Hermes IM, BMO Global Asset Management, Others

The latest moves in wealth management across the UK, Europe, Middle East and Africa.

Hermes Investment Management
Hermes Investment Management has appointed Stephane Michel and Andrew Lennox as senior portfolio manager and asset-backed securities portfolio manager, respectively, in its fixed income team. They are both based in London.

Michel reports to Andrew Jackson, head of fixed income. He is responsible for identifying market opportunities, trends and strong risk-adjusted relative value across illiquid markets as well as making portfolio composition recommendations. He previously spent five years at UBS.

Lennox reports to Vincent Nobel, head of asset-based lending. He is responsible for building and developing systems and infrastructure to analyse, risk manage, report on and monitor European ABS assets. He joins from BlackRock, where he was a senior portfolio manager in the European asset-backed securities team.

BMO Global Asset Management
BMO Global Asset Management has appointed Beate Meyer as director of regional sales (intermediary) for Germany and Austria.

Based in Frankfurt, Beate will report to Georg Kyd-Rebenburg, managing director and head of distribution (intermediary) for Europe.

Beate will be responsible for managing its client and distribution partner relationships throughout Germany and Austria. He will also work alongside Guido Hansmeyer, director of regional sales (intermediary) for Germany, to help grow the business in the region.

He has over 20 years of experience in the industry. Most recently, Beate held the role of executive director at Vontobel Asset Management Australia, responsible for expanding its presence into Australia and New Zealand. He was previously head of wholesale at Vontobel Asset Management in Germany, and head of wholesale for Schroders in Germany. 

Seneca Investment Managers
Seneca Investment Managers, the Liverpool-based asset manager, has appointed Gary Moglione as fund manager.

He will be responsible for research in developed market overseas equities and fixed income. Moglione forms part of the indirect investment team, alongside fellow fund manager Tom Delic, who will become responsible for emerging market equity and fixed income research.

In addition, Moglione will have secondary research responsibility on asset allocation, supporting Peter Elston, chief investment officer. 

Moglione joins Seneca Investment Managers from Amundi Asset Management.

Blackrock UK equity manager Imran Sattar has left the firm, WealthBriefing understands.

Sattar has been affiliated with BlackRock since 1997. He spent time at Mercury Asset Management and Merrill Lynch Investment Managers, which was acquired by BlackRock in 2006.

He managed the BlackRock UK Equity and the BlackRock UK Focus funds.

Luke Chappell, head of the firm’s UK equities team, and Nick Little will head up the funds previously run by Sattar. Chappell and Little have worked together for over 15 years.

Harbottle & Lewis
Harbottle & Lewis, the UK-based private client law firm, has brought in Jonathan Burt to be a partner in its private capital practice, having worked at firms including Barclays Wealth.

Burt was had previously worked at Harcus Sinclair, where he was a partner since 2012.  He had previously worked as a managing director at Barclays Wealth where he was on the management committee of their international tax, trust and insurance businesses. Before that he worked in Baker McKenzie’s wealth management department where he became partner in 2004.

He has more than 20 years’ experience advising on international private client matters. He specialises in sophisticated complex cross-border tax and succession planning, multi-jurisdictional investment structures and advisory work for trustees, beneficiaries and families with international interests. Burt has particular experience advising UK resident non-domiciled clients, families based in Europe, the Middle East and Africa, and US citizens who live outside America.

The appointment means Burt will be the fifth partner in the Private Capital team advising business owners, entrepreneurs and international families on their legal issues. 

London & Capital
UK-based wealth manager London & Capital has appointed Jonathan Gold as executive director.

Gold will be based in London and will report to Daniel Freedman, managing director.

He will work directly with clients, including focusing on the sports and entertainment sector as well as US clients now based in the UK.

Prior to London & Capital, Gold was at RBC Wealth Management, where he was a director. He was also a vice president at AllianceBernstein Global Wealth Management in London.

Woodbrook Group
Cyprus-based Woodbrook Group has appointed Mark Slevin as regional manager Cyprus of its wealth division.

Slevin will be based at the firm’s head office in Limassol. 

He is experienced within the sector, working as both an IFA and a team leader.

Woodbrook Group is an independent financial advisory and corporate services company. It has offices in Limassol, Nicosia and Paphos, Cyprus.


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