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

Pacific Asset Management
London-based Pacific Asset Management has appointed Scott Spencer (pictured) as investment director in the multi-asset team, with immediate effect. Spencer will be a member of the investment committee for the fast-growing Pacific MPS portfolios; he will be dealing with manager research and income strategies, as well as serving as a portfolio manager for Pacific's innovative IPX solutions for financial advisors. He reports to Will Bartleet, CIO, Pacific Asset Management.

Previously, Spencer was an investment director overseeing the managed portfolio service and advisory portfolio service at Titan Square Mile. He was a member of the asset allocation committee and worked with the broader analyst team to oversee fund selection within portfolios. Prior to this he was an investment manager at Columbia Threadneedle Investments and was a senior investment manager at Aberdeen Asset Management. Spencer has also had manager research roles as a portfolio manager at Credit Suisse and as head of investment strategy for Berkeley Fund Managers.

“Scott's experience across portfolio construction, asset allocation and adviser solutions makes him an excellent addition to the team. His appointment further strengthens our ability to support advisors as we continue to grow our MPS and IPX solutions business," Bartleet said.

Citi Wealth
Citi Wealth has appointed Elizabeth (Liz) McElherne (pictured below) to join the manager solutions (AIMS) leadership team as head of AIMS platform management, effective 8 September. She will report directly to Daniel O’Donnell, head of alternatives and investment manager solutions.

Elizabeth McElherne

McElherne will be responsible for managing a broad range of product management, development and business execution functions, overseeing the lifecycle of global private equity, real estate, hedge fund, third-party mutual fund, exchange-traded fund, and UCIT products. McElherne is an accomplished executive with more than 17 years of leadership experience across the wealth management and private markets ecosystems, the firm said in a statement.

Most recently, she served as a founding member and the global head of client solutions at Alchelyst, a company formed in partnership with Apollo Global Management and Motive Partners, where she led the firm’s commercial expansion of general partner relationships. Prior to Alchelyst, McElherne served in leadership roles at Goldman Sachs Asset Management and Apollo Global Management, where she built and scaled wealth platforms to support private markets distribution across NAM, EMEA, LATAM, and APAC. McElherne also has international experience supporting GP platforms, distribution partners, and strategic initiatives globally.