Stonehage Fleming, one of the largest independently-owned multi-family offices in the EMEA region as a result of its creation in 2015 by the merger of Stonehage and Fleming Family & Partners, has named Eva Sheppard, pictured, a senior director of its Investment Management division.
The role is a new one, created by the growth of the business, a spokesperson for Stonehage Fleming said. It has added more than 60 major clients to its books since the merger.
Sheppard comes to Stonehage Fleming from EFG Private Bank, where, as senior director, she spent five years managing a client portfolio of UK based high net-worth individuals and families. Prior to EFG, Eva looked after corporate and private client relationships for fifteen years at HSBC Private Bank, and before that, at Svenska Handelsbanken, where she was head of individual banking, Stonehage Fleming said in a statement on Monday.
At Stonehage, Sheppard will be based in the London office and “will work predominantly with one of the firm’s long-standing family clients”, the company said. She will report to Stonehage Fleming partner Mark Sullivan.
The Stonehage part of Stonehage Fleming, began in 1976 as a “diaspora vehicle” set up by a group of South African families who were looking to leave their country’s then-in-force apartheid regime behind, while Fleming was founded in 2000, and within a few years had outposts in such cities as Moscow and Hong Kong as well as London, where it was based, and Zurich.
Stonehage Fleming currently advises on more than £35bn (US$43bn) of assets, on behalf of more than 250 families, out of 11 offices in eight jurisdictions.
Financial Adviser Standards and Ethics Authority
Deen Sanders has been named chief executive of the recently-created Australian Financial Adviser Standards and Ethics Authority (FASEA). In his new role, Dr Sanders, a well-known figure in Australia’s financial advisory industry, will oversee the establishment of mandatory education and training requirements for advisers in the country, as well as the development and setting of a new industry exam, and the creation of a new code of ethics that all financial planners in Australia will be required to adhere to.
The FASEA will also be responsible for determining the continuous professional development (CPD) requirements for the industry.
Dr Sanders takes on the role less than 18 months ahead of the coming into force in Australia, on 1 January 2019, of new education standards for financial advisers.
Prior to taking on the new role, Dr Sanders held a number of prominent roles in Australia’s financial planning industry, including six years as chief professionalism officer for the Financial Planning Association of Australia. He is currently chief executive and assistant commissioner of the Professional Standards Authority of Australia.
Dante De Gori, chief executive of the FPA, said in a statement that Sanders had a “great track record” and would be a “safe pair of hands” for the FASEA, as it put into place the new education and ethics standards ” that will improve public trust and confidence in the financial planning profession”.
GAM, the Zurich-headquartered, SIX-Swiss Exchange-listed asset management group, has named Shizu Kishimoto to oversee sales and its business operations in Japan, as it continues a strategy of building its presence in Asia.
Kishimoto, who will be based in Tokyo, comes to GAM from Schroder Investment Management in Japan, where she was head of intermediary business. She formerly spent 13 years at BNY Mellon Asset Management’s Japanese outpost, which she left as representative director and president.
She joined the board of the Japan Investment Trust Association in June 2015.
At GAM, Kishimoto will report to Rossen Djounov, who was named head of Asia and relocated to Hong Kong in May.
GAM was founded in 1983, and currently looks after around CHF131.3bn (US$136bn, £10bbn) in assets on behalf of institutions, financial intermediaries and private investors. It first established Tokyo office in 1997.