Brooks Macdonald, the investment manager with £11.66bn in funds under management for clients in the UK and internationally, today announced the appointments of Andrew Davies as business development manager, and Will Bragg as trainee investment manager. Both Davies and Bragg will be based in the company’s Wales office in Cardiff.
The additional recruits means that Brooks Macdonald has completed five appointments since the Group opened its Wales office in July 2017.
Davies will be responsible for developing and maintaining relationships with intermediaries throughout Wales and report to regional new business development director, Grainger Thomas. He brings with him 10 years’ experience in financial services, having previously worked at Brewin Dolphin for six years, Walker Cripps for two years and also Rowan Dartington. He has also enjoyed a successful cricketing career at Glamorgan County Cricket Club.
Bragg, under the guidance of Andrew Lewis, head of Wales office, and Stuart Hutchinson, investment manager, will help manage bespoke discretionary portfolios on behalf of a range of clients. Prior to joining Brooks Macdonald, Will also played professional cricket for Glamorgan County Cricket Club, as a top order batsman. Will has successfully completed the Investment Management Certificate and is currently studying towards the Chartered Wealth Manager Level 7 qualification.
Heartwood Investment Management
Heartwood Investment Management, the asset management arm of Handelsbanken in the UK, today announces that Graham Bishop will be assuming responsibility for Heartwood’s Balanced investment strategy, including the LF Heartwood Balanced Multi Asset Fund.
Graham Bishop, investment director, joined Heartwood in 2017 and will take over the strategy from fellow Investment Director, Michael Stanes. Since joining Heartwood Graham has been responsible for Heartwood’s asset allocation process and he will continue with this role.
Michael Stanes will continue to manage Heartwood’s Growth investment strategy, including the LF Heartwood Growth Multi Asset Fund, and he will continue to lead Heartwood’s equity research team.
Noland Carter, chief investment officer and head of Heartwood Investment Management, said: “Heartwood has always taken a team based approach to investing, and the changes announced today continue to reflect this philosophy. Since Graham joined us he has played a key role driving our asset allocation process and now that he is thoroughly embedded in Heartwood this change of responsibility for the Balanced strategy is a natural evolution. This change will also allow Michael to increase his focus on Heartwood’s Growth strategy and our equity research.”
Aviva Investors, the global asset management business of Aviva plc, today announced the appointment of Paolo Sarno as head of wholesale, Southern Europe.
Sarno will be based in Milan with responsibility for growing and managing Aviva Investors’ business across Southern Europe with a primary focus on Italy. He is supported by the Southern Europe client servicing team with plans to add further resources to serve Aviva Investors’ growing client base. He reports to TJ Voskamp, Global Head of Wholesale Distribution.
Sarno brings over 12 years’ experience of developing and managing client relationships within the European investment industry. He joins from La Financière de l’Echiquier, where he was country head and launched the Italian branch. He was responsible for managing the local sales team and developing a strategic plan to grow and increase the client base within Italy, Monaco and Ticino.
TJ Voskamp, Global Head of Wholesale Distribution, said: “As one of the fastest growing mutual fund markets in Europe, Italy is a key focus of our European expansion. Paolo’s experience of launching a branch and building a client base make him ideally qualified to grow our distribution presence within the Italian wholesale market.”
Madrid-based asset manager Mutuactivos, part of insurance group Mutua Madrileña, has announced a series of appointments that go in line with the group’s strategic plan for 2018-20.
Following the appointment of Emilio Ortiz as chief investment officer in March, the Spanish manager has promoted Gabriel Pañeda to the role of head of Fixed Income and named Rafael Seves as fixed income portfolio manager.
Pañeda joined Mutuactivos in 2010 as fixed income portfolio manager, having previously worked at Bearing Point, Merryl Lynch, Lehman Brothers and Moody’s Investor Services.
As fixed income fund manager, Seves will primarily focus on financial debt. He joined Mutuactivos from Bankinter Gestión de Activos and has formerly worked at Bankia Banca Privada, Altae Banco, CM Capital Markets, Banco Santander and Intermoney.
The Spanish manager’s equity unit has seen the arrival of Joaquin Ferrer as product director Europe, a newly created position that includes the selection as well as the management of funds and pension schemes on the European equity segment. Ferrer reports to Ángel Fresnillo, head of equities at Mutuactivos.