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Vestra Wealth Nabs Barclays Portfolio Manager

Amisha Mehta

3 November 2015

London-headquartered has hired Kunal Chavda as portfolio manager to join his ex-Barclays Wealth colleagues, senior chartered wealth managers Bandish Gudka and Andrew Palmer.

Chavda was most recently discretionary portfolio manager at Barclays Wealth and Investment Management where he specialised in the management of court of protection, charities and corporate clients. He was mentored by Gudka and structured global multi-asset class portfolios as well as bespoke specialist mandates on a discretionary and advisory basis. Before Barclays Wealth, he worked at Barclays' corporate arm.

Chavda will work alongside Gudka and Palmer, who left Barclays for Vestra Wealth in 2011. In the newly-created role, he will be based in London.

“We believe he will be a great addition to helping us continuously improve the service and technical knowledge that we offer to our clients,” said David Scott, Vestra Wealth's founding and senior partner.

Vestra Wealth had £5.2 billion ($8 billion) in assets under management as of the end of September. The firm recently hired investment managers Steve Jenkins, Paul Pascoe and Joanna Hunt from rival firms to serve its high net worth clients.