Collins Stewart Wealth Management has strengthened its dedicated treasury function with the appointment of Tracey Carter as treasury and fixed interest trader.

Ms Carter most recently worked for Royal Bank of Scotland International, where she handled the treasury needs of clients including high net worth individuals, hedge funds and trust companies. She had also previously been the bank’s proprietary foreign exchange trader.

Collins Stewart Wealth Management’s treasury function was launched in September 2008. Led by Iain MacKenzie, the function works with the firm’s existing fixed income desks so that clients’ fiduciary needs, including cash management and foreign exchange, can be dealt with by one team.

“Given the current market environment, there has never been a more relevant time to be boosting our dedicated treasury and cash management function,” said Neil Darke, head of Collins Stewart Wealth Management.

Collins Stewart Wealth Management is based in London, with offices in Guernsey, Jersey, the Isle of Man and Geneva, and employs over 700 staff. As at 30 June 2008, the firm managed and advised on £3.7 billion ($5.1 billion) of assets.