Graham Wainer has been named UK chief executive and head of investments at the Investments division of Stonehage Fleming, the London-based multi-family office.
The role is a newly-created one at Stonehage, aimed at enhancing the firm’s investment operations at Stonehage Fleming, a spokesperson said.
Wainer, pictured, comes to Stonehage Fleming from GAM, the Zurich-based asset manager that was formerly part of Julius Baer, where he had been group head of investments – multi asset class solutions, and chairman of its investment advisory board. There, he had overall responsibility for the firm’s £8bn worth of discretionary mandates and co-mingled funds, according to a Stonehage Fleming statement announcing his appointment.
Wainer joined GAM in 1998 from EFG Private Asset Management.
At Stonehage Fleming, Wainer will report to Anton Sternberg, head of the Stonehage Fleming Investments division. He will begin his new role on 11 April, subject to FCA approval of his appointment, Stonehage Fleming said.
Sternberg said Stonehage Fleming’s clients as well as the business itself would benefit from Wainer’s “enormous depth of knowledge of markets and investments, and his experience in the private client wealth management industry”.
Stonehage Fleming was formed in 2014 by the merger of Fleming Family & Partners with rival family office Stonehage. It claims to be the largest multi-family office in Europe, the Middle East and Africa in terms of “breadth of services, geographic reach
and assets under management, advice and administration”, with some 13 offices operating out of eight jurisdictions and staffed by more than 500 employees.
It is said to look after more than 250 wealthy families, and advise on assets of more than US$40bn.