People Moves
Who's Moving Where In Wealth Management – Crestbridge, Russell Investments, HSBC Asset Management
The latest wealth management moves and appointments in the UK, rest of Europe, Middle East and other select locations.
Crestbridge
Crestbridge has
appointed Barry Hindmarch (pictured) as director and
head of real estate UK to strengthen the firm's real
estate services team.
Based in London, Hindmarch will be responsible for leading
Crestbridge’s real estate business and for managing and evolving
its services.
With more than 25 years of experience across the UK and
international real estate, he specialises in real estate finance
and has significant expertise in fund management and outsourcing,
having managed teams in the UK and across Europe. Prior to
joining Crestbridge, Hindmarch was head of UK, Channel Islands,
and Ireland for one of the top five fund administrators globally,
where he was responsible for establishing oversight and reporting
on real estate as a specialist service. Before this, he was
director of real assets (alternative investments) at one of the
world's largest asset managers where he managed the finance
team for open and closed-ended EMEA real estate funds.
“Barry brings with him not only considerable technical expertise
but also vast experience of working with some of the biggest
global names in the international real estate environment and
will play a vital role in leading and driving forward our UK real
estate business,” Michael Johnson, group head of institutional
services, Crestbridge, said.
The firm’s real estate services team provides support to asset
managers including managing the administrative, accounting,
reporting, residency, and governance needs of a broad range of
real estate structures throughout their lifecycle.
Russell Investments
Multi-asset manager Russell
Investments has appointed Gavin Anderson as director, private
markets.
Based in London, Anderson will report to Chris Davies, head of UK
distribution, and will work with Michael Steingold, investment
director, private markets. He will be responsible for developing
Russell Investments’ private markets business for wealth
managers, private banks, and family offices.
Anderson joins from Scottish-based family office Chroma Ventures
where he was investment director. Previously, he was an
investment manager at a UK mid-market private equity firm. He has
more than 10 years of investment industry experience, with a
focus on alternatives and private investments at asset managers,
investment banks and ‘Big Four’ accounting firms’ deal advisory
groups.
“We are seeing increased demand for private market assets in
sophisticated investors’ portfolios, particularly from wealth
managers, family offices and private banks. Russell Investments’
private markets business has seen strong growth and Gavin’s
extensive knowledge in this sector will enable us to consolidate
and expand our client reach while developing new solutions to
meet investor demand,” Chris Davies, head of UK distribution at
Russell Investments, said.
With five decades of experience in private markets, Russell
Investments forged a strategic partnership with private markets
specialist Hamilton Lane. Russell Investments’ private markets
business has experienced significant momentum in recent years in
line with increased client demand, the firm said in a statement.
In partnership with Mediobanca Private Banking, the firm has
developed private markets programmes providing Italian investors
access to private equity, private debt, real assets, and venture
capital through a range of strategies.
The firm operates in 32 countries and manages around £251.6
billion ($332 billion) for clients in 32 countries.
HSBC Asset Management
HSBC
Asset Management has appointed Fatima Hadj as climate
investment strategist, and Laëtitia Tankwe as head of
sustainability implementation and assurance.
Based in London, Hadj will report into Stuart Kirk, global head
of research and responsible investments. In the
newly-created role, she will lead HSBC AM’s climate change
strategy.
Hadj has more than 20 years’ experience in scaling businesses
across financial services and in supporting businesses to
consider ESG factors from a risk and impact perspective. She
has served in several senior roles in the banking and asset
management industry, including Tikehau Capital, Standard &
Poor’s, and Moody’s. Hadj has been chair of the committee for ESG
integration in securitised products at the Principles for
Responsible Investment since its creation, and is a member of the
steering committee of the new collaboration between the PRI and
the UN Environment Programme Finance Initiative on bank loans and
related products.
“Fatima’s role is an important next step as we focus on climate
change mitigation in investments. Her 360-degree view of the
market and her previous experience will be instrumental in
enabling us to be a leader in this area,” Stuart Kirk, global
head of research and responsible investments at HSBC AM,
said.
Based in Paris, Tankwe reports to Erin Leonard, head of
sustainability. In this newly-created role, she will
focus on creating and delivering market-leading assurance
frameworks for HSBC AM’s sustainability commitments to customers
and industry partners. She will also coordinate some of the
firm’s external industry activities.
Before joining HSBC AM, Tankwe was responsible investment
advisor to the president of the French public sector pension
scheme, Caisse des dépôts Group. Prior to this, she served
in advisory, consultant and analyst roles at Banque
Populaire Méditerranée, BPCE, Secafi, Batirente and BNP Paribas.
Within sustainability, she worked at board level on the UN PRI
and FrenchSIF, as well as being a member of the Climate
Action 100+ steering committee.
“We are embedding the highest standards for sustainable investing
across our value chain. Laëtitia will help drive the development
of our sustainable investment activities and ensure that we
deliver on our net-zero commitments, and curbing climate change.
Her extensive experience with industry partners will also ensure
that we have a leading role in driving the transition,” Erin
Leonard, head of sustainability at HSBC AM, said.