Specialist asset management firm Bordier (UK), formerly known as Berry Asset Management, has appointed David Muncaster as director of commercial activities and he joins from Close Brothers where he held a senior management role, and was formerly with UBS.

Specialist asset management firm Bordier (UK), formerly known as Berry Asset Management, has appointed David Muncaster as director of commercial activities who joins from Close Brothers where he held a senior management role, and was formerly with UBS.

Muncaster, who has spent much of his career in sales and marketing, brings 27 years of financial services experience to the post, which is a newly-created role. He will be responsible for driving expansion of the firm’s commercial activities and help identify new business acquisition opportunities across the broader wealth management arena, a statement from the firm said.

In his role, he reports to Mark Sherwood, director of portfolio management and joins the firm’s management committee.

Bordier (UK) is a wholly-owned subsidiary of the Bordier Group. The UK business can can trace its roots in the UK wealth management industry back as far as 1981 and the formation of Berry Asset Management; it has been trading under the Bordier (UK) banner since September 2014.