People Moves

Who's Moving Where In Wealth Management? – Crestbridge, Foresters Financial, Others

Editorial Staff, 24 May 2022

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The latest wealth management moves and appointments in the UK, rest of Europe, the Middle East and select international locations.

Cresbridge
Crestbridge has appointed Alex Le Quesne as group head of governance services. He has 18 years’ industry experience, the last seven of which have been with Crestbridge where he led and developed the real estate fund services team. 

Previously Le Quesne was a director of a corporate trustee which acted for regulated and unregulated property unit trusts, holding over £10 billion assets. Prior to joining Crestbridge he was employed by a major global bank and has significant experience in real estate and corporate finance.

In his new role he will be responsible for managing the operational and financial performance of its institutional governance services globally, including management company, director, client compliance, depository, trustee, appointed representative and operator services.

Foresters Financial 
Foresters Financial has appointed Nici Audhlam-Gardiner as UK chief executive, subject to regulatory approval. (The former CEO, Euan Allison, died suddenly last August.)

Most recently, Audhlam-Gardiner was chief commercial officer at OneFamily, and CEO of its Lifetime Mortgages business. 

Foresters Financial, which can date its history back to 1874, is a UK-based mutual financial services company with over £5.7 billion funds under management (at end-2021).

CCLA
CCLA Investment Management, which operates in the charity space, has appointed Ben Funnell as head of investment solutions.

Funnell is joining CCLA from Man Group (formerly GLG Partners before the acquisition), where he worked as chief equity strategist and then portfolio manager for equity and multi-asset funds. Prior to this, he was at Morgan Stanley for eleven years as a multi-award-winning European equity strategist; he was also a member of the global asset allocation committee for the private wealth management business.

Funnell, who reports to CCLA’s chief executive, Peter Hugh Smith, will be part of the executive committee. He is taking over from Tim Matthews who temporarily stepped in as interim head of investment solutions in September 2021. Matthews will return to his prior role of director, investments, but with extended responsibilities to include managing CCLA’s cash and property teams, managing the alternatives team, and taking responsibility for discretionary clients' investments.

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