The latest moves in wealth management across the UK, Europe, Middle East and Africa.
Wells Fargo Asset Management
Wells Fargo Asset Management (WFAM) has appointed Peter Weidner as head of factor solutions and Mark Brandreth as a senior portfolio manager within the multi-asset solutions team.
Both will be based in London, and both join the firm from the Schroders multi-asset team.
In their new roles, Weidner and Brandreth will focus on designing solutions with a specific emphasis on portfolio construction. Weidner and Brandreth will report to Dan Morris, global head of portfolio solutions.
At Schroders, Weidner was head of the advanced beta group and managed a range of systematic investment strategies across asset classes.
As head of portfolio construction and trading systems at Schroders, Brandreth developed a pan-asset-class portfolio management and trading system for the multi-asset team. Prior to joining Schroders, he was with BlackRock as a managing director in the scientific equities group.
HSBC Global Asset Management
HSBC Global Asset Management has appointed Fredrik Cygnaeus as managing director of its branch in Sweden.
He will be responsible for further expanding HSBC Global Asset Management’s client-centric business across the Nordic region, together with sales manager Kim Lindberg.
Cygnaeus joins from Invesco, where he led the external wholesale business in the Nordic Region. Prior to that, he spent eight years at Fidelity in Stockholm.