People Moves

Who’s Moving Where In Wealth Management? – Stonehage Fleming, Progreny, Allfunds

10 October 2024

Who’s Moving Where In Wealth Management? – Stonehage Fleming, Progreny, Allfunds

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.

Stonehage Fleming Investment Management
Stonehage Fleming Investment Management (SFIM), the multi-family office, has appointed Carolyn Bell (pictured) as deputy portfolio manager for its £3.8 billion ($4.97 billion) Global Best Ideas Equity Strategy (GBI), with immediate effect. She joined SFIM as partner in April 2024

Launched in 2013, GBI is a high-conviction equity strategy investing in the world’s best quality growth companies, the firm said in a statement.

Bell will be working closely with Gerrit Smit, head of global equity management and lead portfolio manager, on investment decisions and the daily management of GBI and other collective vehicles with the same investment strategy.

She has 16 years of industry experience. Previously, she was an investment manager at Aegon Asset Management running a number of strategies covering US and global equities, and technology. Prior to Aegon, Bell spent five years as an investment analyst at Baillie Gifford.

“Carolyn has made a significant positive impact on the GBI proposition since her arrival and she will play a valuable role as deputy portfolio manager in helping manage a strategy which has grown substantially in recent years,” Smit said. “This new position reflects the significance of GBI for SFIM and for the group as a whole, and it will provide clarity around the investment team structure as we continue to evolve to best meet the requirements of professional investors.”

Progeny
UK-based Progeny has appointed Phillip Liu as director of data and digital.

In this newly-created role, Liu will lead an increasingly data-driven approach and provide strategic leadership to Progeny’s data team.

With over 20 years in data leadership, Phillip Liu is an experienced transformational data change leader. Previously at Atlanta Group as director of data, Liu has also served in leadership roles for Yorkshire Building Society, General Electric and International Personal Finance.

In his new role, Liu will have responsibility for overseeing, building on and enhancing the group’s data capability, to help inform and support Progeny's continued growth. He will also act as data protection officer, overseeing all aspects of data stewardship, data quality and data protection.

“We’re delighted to welcome Phillip and with his extensive experience and expert strategic knowledge, he’ll be leading the innovation in our approach to data so it matches our aspirations as a globally expanding business,” Tim Gillman, chief operating officer, said. “Data is core to us serving our clients effectively, now and into the future, and this role will also be key in ensuring we fully leverage the available digital capabilities.”

Progeny says it is the first and only B Corp Certified firm in the UK to bring together chartered financial planning, asset management, tax, HR and private and corporate legal services.

Allfunds
Allfunds, the funds industry wealthtech platform, has appointed Patrick Mattar as global head of exchange-traded products distribution.

Previously, Mattar was global head of ETFs at Aberdeen Standard Investments, now abrdn; before that, he was managing director of iShares at BlackRock. 

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