People Moves
Who's Moving Where In Wealth Management? - Julius Baer, Amundi, Others
The latest moves in wealth management across the UK, Europe, Middle East and Africa.
Julius Baer
Swiss private banking group Julius Baer has
appointed Michel Yigit as new head of intermediaries Zurich and
global custody. He replaces Walter Wichert in the role.
He will report directly to Gian Rossi, head of Switzerland.
Yigit joined Julius Baer in 2015 and was initially mandated to
grow its UK intermediaries franchise by teams in Zurich, Guernsey
and London.
He has over 20 years of experience with financial professionals,
having managed various teams and projects in investment banking,
global custody and intermediaries at UBS, Brown Brothers Harriman
and others.
Amundi
European asset management firm Amundi has appointed
Stanislas Pottier as chief responsible investment officer, a
newly-created role.
Previously, Pottier was global head for sustainable development
at Crédit Agricole and a member of its management
committee.
In his new role, he will work on responsible investments across
the firm.
Man Group
Man Group, the
active investment management firm, has appointed Teun Draaisma as
portfolio manager, based in London.
Teun will work in partnership with Ben Funnell, the head of the
Man Dynamic Alpha team, to develop a new multi-asset
strategy.
He has over two decades of industry experience. He joins the firm
from BlackRock, where he was global equity strategist for almost
six years.
Isle of Man
The Isle of Man Department for Enterprise has appointed Aidan
Doherty as non-executive chair and Michael Crowe as chief
executive to lead the Finance Isle of Man Executive Agency.
Finance Isle of Man is an executive agency of the Department
for Enterprise which acts as a key decision making and
advisory body in the sector. The agency is not a separate legal
entity but will instead operate using delegated powers from the
Minister for Enterprise.
Doherty has over 40 years' experience in the sector. Crowe
is director at Grant Thornton. He has spent 27 years working
on the Island.
Wells Fargo Asset Management
Wells
Fargo Asset Management has appointed Eddie Cheng as
head of international portfolio management within
its multi-asset solutions team.
Cheng reports to Nico Marais, president of WFAM and head of
multi-asset solutions, and is based in London. He also partners
closely with Wai Lee, head of research for the multi-asset
solutions team, supporting the expansion of Wells Fargo’s Asian
business.
He joins WFAM from Schroders, where he was a senior
portfolio manager with its multi-asset team.
Chenfei Ma and Stephane Renevier also recently joined WFAM’s
multi-asset solutions team, Ma as an investment analyst and
Renevier as a portfolio manager. Both Ma and Renevier, who most
recently worked on the multi-asset team at Schroders, report to
Cheng. They are based in London.
UBS
UBS has
appointed Lord Hill (Jonathan) as senior advisor
of corporate client solutions.
He has been both a European Commissioner and a member of the
British Cabinet. Until July 2016, he was the European
Commissioner for Financial Stability, Financial Services and the
Capital Markets Union. In that role, he was responsible for
financial regulation across the EU and the development of a
European capital markets union to increase the flow of investment
capital.
Lord Hill will be responsible for advising on the challenges
and opportunities for business arising from recent political and
economic developments in Europe.