Close Brothers Asset Management appoints new managing director
British-based Close Brothers Asset Management (CBAM) has hired Hugh Adlington as managing director to support the expansion of its high-net-worth bespoke investment management service.
Hugh Adlington is joining from Rathbones where he was an investment director. Before that he worked at Fleming Private Asset Management. He has more than 25 years’ experience in managing the investments of private clients, family offices and charities.
Hugh Adlington’s appointment, following that of Oliver Harvey in September 2018 and Tim Eliot-Cohen last year, will continue the expansion of CBAM’s recently launched office in the West End of London.
Martin Andrew, chief executive of Close Brothers Asset Management, said: “The quality of our proposition for clients, the launch of our West End office, and our broader growth ambitions and culture have enabled us to attract professionals as talented as Hugh.
“He brings with him tremendous experience and expertise in managing private clients’ investments, and his appointment will help to continue the successful development of our Bespoke investment service.”