People Moves

Who’s Moving Where In Wealth Management? – Ocorian, Seilern Investment Management

Editorial Staff 13 December 2022

Who’s Moving Where In Wealth Management? – Ocorian, Seilern Investment Management

The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.

Ocorian, a provider of services to financial institutions, asset managers, corporates, high net worth individuals and family offices, has appointed Ben Hill and Yegor Lanovenko as co-heads of global funds to accelerate Ocorian’s growth strategy.

Hill has more than 20 years’ of financial services experience, having previously held a number of managing director and non-executive director positions. He is also managing director of Ocorian in Guernsey and will retain his country head responsibilities, the firm said in a statement. 

Lanovenko, who has extensive experience in a variety of product management, strategy and client roles in asset servicing for both private and public markets, was previously the global head of strategic execution at Ocorian, the firm continued.

Welcoming the move, Mike Hughes, global head of service lines at Ocorian, said: “Building a global fund service offering which is capable of handling increasing complexity at scale and growing our client relationships requires a unique combination of skills and experiences. I am pleased that we can bring these skills together by appointing Ben and Yegor to be co-heads.”

The co-head model will enable Hill to have an in-depth focus and responsibility for Ocorian’s fund clients and Lanovenko to focus on Ocorian’s fund services product and operating model, the firm said. Together they will be jointly accountable for the end-to-end global funds business, including financial performance, talent development, client success and the operating model.

Hill said: “We already have a prestigious and sizeable book of fund clients globally, combined with a strong management team and in-depth expertise. I’m excited to be working so closely with Yegor to further grow the business and look forward to focusing on delivering the very best possible service to all our clients.”

Lanovenko added: “Ocorian is well positioned to support our clients across all stages of the fund lifecycle with AIFM, fund accounting, administration and depositary solutions. Together with Ben and our dedicated experts in key domiciles and service locations, I’m delighted to have the opportunity to further evolve our funds offering and products, and work closely with clients to deliver scalable technology-led solutions as a world leader in fund services.”

Seilern Investment Management
Seilern Investment Management, a growth investment management company, this week appointed two new research analysts: Akash Bhanot, CFA, formerly an equity analyst at Redburn and Charalee Hoelzl, CFA previously an investment manager at Ruffer. 

Bhanot spent three years as a research analyst at Redburn preceded by five-year spell as a management consultant with Space Strategy, the firm said in a statement.
Hoelzl spent seven years at Ruffer where she was an investment manager. Prior to that, she worked at the Cairns Institute, James Cook University and at KPMG, Cairns, the firm continued.

These appointments reflect the growth of the firm over recent years. They will play a key role in identifying and monitoring the candidate companies that form the concentrated portfolios of the three Seilern quality growth equity funds Seilern World Growth, Seilern America and Seilern Europa, the firm continued. 

Typically, these funds hold no more than approximately 20 holdings each. 

Welcoming them to the firm, Tassilo Seilern, CEO of Seilern, said: “We continue to focus our resources to further strengthen the implementation of our investment process. We warmly welcome Akash and Charalee who have joined us in this continuous quest to invest in only the best quality growth businesses.” 

“We are delighted to have attracted these two seasoned analysts who fully subscribe to our long-term investment strategy,” he added.

Seilern Investment Management is a quality growth equity investment firm, serving pension funds, and other institutional investors including family offices and fund of funds as well as advisory and discretionary intermediaries via platforms throughout Europe, with  total assets under management of about $2.3billion. 

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