The latest moves and appointments for wealth management roles in the UK, other parts of Europe, the Middle East and select international locations.

Nedgroup Investments
Nedgroup Investments, an international asset manager, this week appointed Tom Caddick as managing director of the international business, subject to regulatory approval.

Caddick will lead the business from December 2022, taking over from Andrew Lodge, who is retiring in Q1 2023 after more than 25 years with the company, the firm said in a statement. 

Caddick will continue to fulfil his current role as head of investments international in parallel, the firm added.

Welcoming the move, Nic Andrew, global head of Nedgroup Investments, said: “We have ambitious plans to develop and grow our business, continuing with our long-term, client-centric mindset and approach, an approach that has delivered real momentum to our growth in recent years." 

Caddick added: “We have seen our strongest year of growth yet, establishing new clients from both institutional and wholesale markets and from varying jurisdictions, as well as continuing to support and work alongside our colleagues within the Private Wealth business.” 

“This has been backed up by strong investment performance across all asset classes, reinforcing our long-term investment partnership credentials. We have ambitious plans to take the business forward with a broader investment offering, growing high quality team and ever stronger investment partnerships, and I am honoured to be part of this new phase,” he said.  

Based in Cape Town, South Africa and with offices in Johannesburg, London and the Isle of Man, Nedgroup Investments has AUM of just under $19 billion, with gross year-to-date inflows totalling $890 million.

It has partnerships with Los Angeles-based First Pacific Advisors; New York-based BlackRock; Sydney-based Resolution Capital; London-based NS Partners, Pyrford, Ardevora and Veritas Asset Management. 

Nedgroup also offers a range of investment strategies in Europe and South Africa with retail, institutional, multi-management and passive solutions backed by one of the Big Four banks in South Africa.

Hamilton Lane
US-based private markets investment firm Hamilton Lane has hired a number of senior executives in London and Frankfurt, and added outposts in Milan, Stockholm and Zug, Switzerland, since the beginning of 2021.

As previously reported in April, Christian D’Amico joined the firm’s Frankfurt office

as a principal on the client solutions team, covering Germany and Austria.

Carolin Blank, based in London, recently assumed a new leadership role as head of relationship management, EMEA, focusing on the oversight of client servicing within the region and increasing integration with the investment team. She reports to Drew Schardt, head of global investment strategy and co-head of investments. Blank has been at the firm since 2017.

Ben Edwards recently joined the firm’s client solutions group as a principal with responsibility for UK institutions and their advisors. Edwards brings more than 20 years of experience in finance, with 15 years of his career having been spent overseeing UK institutional clients. Most recently, he led GAM’s institutional business in the UK and Ireland. Prior to GAM he was an executive vice president at PIMCO for nearly a decade, heading the UK institutional client group. He reports to Aerni.

John Stake, an investment committee member and co-head of the firm’s fund investment team, recently relocated to London from Conshohocken, Pennsylvania, to support Hamilton Lane’s expanding investment footprint across Europe. He has been with the firm for nearly 14 years.

In Milan, Anastasia Di Carlo, principal, relocated to Milan in 2021, where the firm established a formal presence this year. Di Carlo, who reports to Blank, has more than 15 years of international experience in private capital investing as well as client relations. 

Managing director Katrin Boström joined Hamilton Lane earlier this year to lead the firm’s new office in Stockholm. She has more than 15 years of experience in the space, and reports to Aerni. Previously, she served as head of client relations at Carneo Asset Managers.

In Zug, Switzerland, Victor Jung joined the firm as MD and head of digital assets. He is responsible for developing and overseeing the execution of the firm’s global digital asset strategy. Jung reports to Frederick Shaw, chief risk officer and global head of operations. 

Jung brings nearly a decade of leadership experience in financial services across both institutional and private wealth channels to Hamilton Lane. He was most recently head of distribution partners and liquid private markets – Asia-Pacific, at Partners Group.

By adding the Milan, Stockholm and Zug offices, Hamilton Lane now has six offices servicing the EMEA region, double the number it had at the end of 2020. The firm already has established offices in London, Frankfurt and Tel Aviv.

Hamilton Lane has more than $832 billion in assets under management and supervision, composed of $108 billion in discretionary assets and more than $724 billion in non-discretionary assets, as of 30 June 2022. It is listed in New York.  

Nikko Asset Management
Nikko Asset Management, the Japan-based firm with $206.1 billion of assets under management, has appointed Marleen Barents-Jager as business development director for the Benelux and Nordic regions. 

Barents-Jager will predominantly be based in the Netherlands, travelling regularly to Nikko AM’s Frankfurt office, where its European Distribution team is based. 

With more than two decades’ experience in the sector, Barents-Jager previously worked at Russell Investments and prior to that at Principal Global Investors where she was responsible for sales in Benelux and the Nordics.