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Who’s Moving Where In Wealth Management? – Cazenove Capital, Mourant, Stonehage Fleming, Others
Editorial staff
12 March 2025
Cazenove Capital With almost 20 years of investment experience, Ure (pictured) brings valuable expertise to this role. He will play a key role in supporting the 30-strong charities team, collaborating closely with existing charity clients, with an emphasis on direct equity and sustainability strategies, the firm said in a statement. During his time at Troy Asset Management, his roles included co-manager of the Trojan Income fund, manager of the Trojan Ethical Income fund and head of responsible investment. Ure started his investment career at Kleinwort Benson . “We are delighted to welcome Hugo, whose calibre and experience will be a valuable addition to our strong team. This exciting hire highlights our commitment to providing excellent service to our clients and supporting the continued growth of our charities business,” Alex Baily, co-head of charities, Cazenove Capital, said. Cazenove Capital, which has been managing assets for charities in the UK since 1936, says it is the largest investment manager of charity assets in the UK. Its "flagship" Charity Sustainable Multi-Asset Fund now manages £2.26 billion on behalf of over 450 charities. Today, Cazenove manages £12.9 billion ($16.67 billion) on behalf of over 1,700 clients. Mourant
, the wealth management business of Schroders in the UK, has appointed Hugo Ure as portfolio director in its charities team.
has appointed Andy Bailey as head of private client business in Guernsey.
Bailey has more than 25 years of experience in financial services, encompassing broad roles across private fiduciary, corporate fiduciary and investment banking. Most recently, he worked at independent and institutional financial services businesses, where he held senior management, board, group-level positions and was the CEO of a significant single family office.
In his new role, Bailey will report to Annerien Hurter, global head of private client.