Rathbone Investment Management International, the discretionary unit of the Rathbone Brothers group, has appointed two new investment directors to its office in Jersey, in a bid to increase its presence on the island.

Both Mike Hollings and Chris Woods join from Matrix Investment Management, where the former was chief investment officer and the latter was a senior portfolio manager. Hollings and Woods came to Matrix in March last year, having previously been employed at Ansbacher, a wealth management firm.

Rathbone Investment Management International deals in discretionary investment management services for private clients and trustees. The Matrix Group is based in the UK and has over £3.5 billion (around $5.4 billion) of assets under management and more than 230 professionals employed across three divisions: asset management, investment banking and property.