The latest moves, appointments and personnel changes among wealth management and related organisations in the UK, the rest of Europe, the Middle East, Africa and select international locations.

Quilter Cheviot
Quilter Cheviot, which has offices in the UK, Jersey, Dublin and a DIFC Dubai branch, has appointed Maurizio Carulli (pictured) as an equity research analyst.

He will take on responsibility for the global energy and materials sectors, covering listed companies from the oil majors, to mining, chemicals, paper and packaging, building materials and steel companies. Carulli will report to Chris Beckett, head of equity research, and will work closely with the teams that manage the Climate Assets funds and the Managed Portfolio Service Building Blocks funds.

Carulli was previously at Carbon Tracker, an independent financial think tank that analyses the impact of fossil fuels, climate change and the energy transition on capital markets. Prior to this, he worked in asset management and stockbroking for 30 years as an equity analyst specialising in the energy and materials sectors.

“Maurizio brings an impressive array of experience, having worked as both an equity analyst and being involved in more sector, policy and thematic pieces while at Carbon Tracker. This insight will be invaluable for our investment management team and their clients, giving an in-depth viewpoint on the trends emerging from the energy and materials sectors,” Beckett said. “With the energy transition and environmental and social factors still receiving intense focus, it is vital we understand how the companies in these sectors will perform, where the opportunities lie and importantly the risks to client capital.”

Royal London Asset Management
Royal London Asset Management has hired Richard Saldanha, Francois de Bruin and Matt Kirby to its join its equity team, along with appointing Mike Fox as head of equities.

Saldana will be the lead manager of the Royal London Global Equity Fund and a manager on the Global Equity Select Fund. He is joining from Aviva Investors, where he spent 18 years, most recently as a global equity fund manager responsible for over £1.5 billion ($1.93 billion) in assets under management.

De Bruin is joining as lead manager on the Royal London Global Equity Select Fund, while Kirby will manage the Royal London Global Equity Income Fund alongside Saldanha. All three, who have nearly 40 years’ industry experience between them, have joined with immediate effect.

Fox will continue to lead on Royal London Asset Management’s suite of sustainable investment funds, supported by the 10-strong sustainable investment team, the Royal London Asset Management responsible investment team, and its external advisory committee.

“With his proven track record of leadership and mentoring, Mike was the natural choice to head up the equity team in the next stage of its development. Mike has built our sustainable investment funds into a world-class investment proposition over the past 20 years and has delivered consistent investment returns for clients,” Piers Hillier, chief investment officer, said. “The equity team comprises over 30 fund managers, analysts, and quant specialists, offering our clients a best-in-class solution, and I look forward to seeing it go from strength to strength under Mike’s leadership.”

WHEB Asset Management
London-based WHEB Asset Management has appointed Hans-Christoph Hirt to join its advisory committee to provide independent oversight and governance on behalf of clients in WHEB’s investment strategy.

Hirt has more than 20 years of experience working on corporate governance and shareholder activism and engagement across the financial sector. He spent over 17 years at Federated Hermes eventually leading the Equity Ownership Services (EOS) business. Most recently he was managing director, head of impact engagement at UBS.

In addition, Hirt is a member of the FCA’s Listing Authority Advisory Panel, an advisory board member at UCL, a member of the advisory board at the Institute of Directors and director of the Hermes Pension Trustee Company.

Hirt will join the other four external members on the committee: Jayne Sutcliffe, non-executive chair; Abigail Rotheroe, non-executive director of HydrogenOne Capital Growth plc, Baillie Gifford Shin Nippon plc and Templeton Emerging Markets Investment Trust plc; Martin Rich co-founder and CEO of the Future-Fit Foundation; and Alice Chapple, director at impact value.

“We are very excited to welcome Hans to the Advisory Committee. He brings with him a wealth of expertise and insight from his work at the forefront of sustainable investing. WHEB’s Advisory Committee provides oversight on our investment strategies and helps us meet the requirements of the FCA’s Sustainability Impact label. We greatly value the perspectives of the committee’s external experts and very much look forward to having Hans on the committee,” Seb Beloe, partner and head of research at WHEB, said.

This news service has interviewed Beloe about the firm's investment strategy and controversies in the ESG and impact space.