Rathbones has appointed Craig Brown as investment specialist to the multi-asset team, based in London.
He reports to David Coombs, head of multi-asset investments. Coombs manages the Rathbone Multi-Asset Portfolio Funds and the Rathbone Global Alpha Fund, alongside assistant manager, Will McIntosh-Whyte.
Brown (pictured) will be responsible for aspects of client relationship management, and will work closely with Rathbones’ distribution and marketing teams to oversee client communications across all multi-asset strategies. He joins Rathbones from Beckett Asset Management, where he was a multi-asset portfolio manager, primarily responsible for the construction and management of discretionary multi-asset portfolios.
Brown has 15 years of experience across financial services, having also worked for Barclays Wealth & Investment Management and Citibank.
“Keeping investors up to date has always been a priority for us – we try and make sure there are never too many surprises,” said Coombs. “With over £1bn of assets* now invested with the team, and increased interest from advisers in the UK and internationally, Craig’s appointment reflects the growth of the suite and the business as a whole. The breadth of his experience, including his time as a multi-asset portfolio manager and as a relationship manager, gives him a detailed insight into the needs of investors.”
Brown added: “I’m very pleased to have joined the team and look forward to working closely with our current and prospective investors. The opportunity to work with fund managers of David and Will’s experience on the successful fund range, and to join a business with Rathbones’ pedigree, is an exciting one. I look forward to helping in continuing to grow the assets and support our many investors.”
ProMeritum Investment Management, the emerging markets fixed income manager focusing on Eastern Europe, Middle East and Africa (EEMEA), has announced the appointment of James Marshall.
Marshall is director, local markets at ProMeritum and is primarily involved in the research and execution of the firm’s investment strategy in local markets, particularly sub-Saharan Africa. Previously, James was a Senior Portfolio Manager at Enko Capital Management.
Before Enko, Marshall worked at JP Morgan for 12 years, having joined that firm in 2005. At JP Morgan, James was an Executive Director within Global Emerging Markets with responsibility for the sub-Saharan Africa Local Markets trading business. During his time he lived in Johannesburg where he developed and continues to foster a strong network of contacts with local policy makers and financial market participants.
Pavel Mamai, founding partner of ProMeritum, said, “We are delighted to welcome James to the firm. We have a very specific strategy in emerging markets fixed income, we believe in generating alpha by identifying idiosyncratic risk in complex situations, which requires exceptional research capabilities and extensive on-the-ground understanding of individual markets. Adding James to our team will increase our capability in sub-Saharan Africa and local markets, which are key areas of interest for us.”
James Marshall added, “I am very excited to be joining ProMeritum, the founding partners have invested extensively in the highest quality of infrastructure and people for the firm, and are very well-known in the emerging markets fixed income space for their extensive expertise and experience.”
Marshall holds a first-class honours degree in Banking and International Finance from Cass Business School and the City University of Hong Kong.
The Fry Group
The Fry Group, a global financial advisory group and Independent Strategic Group (ISG), a Fintech firm specialising in digital investment management solutions, has today announced that Gary Dugan will join as CEO of Purple Asset Management (PAM), effective November 2018.
Gary joins the PAM team based in Singapore and will build on PAM’s early success since its launch as a joint venture between The Fry Group and Independent Strategic Group (ISG) in October 2017. The business will draw on his experience of running investment teams for numerous leading financial institutions to take PAM to the next level as an investment service for The Fry Group, growing the PAM business across Asia and the Middle East. Previously based in Dubai, Gary has relocated to Singapore.
A high-profile, well-respected and accomplished investment professional, Gary has more than 35 years’ experience in senior investment roles at some of the leading global financial services providers including JP Morgan, Merrill Lynch, Barclays and Coutts. Most recently, he was Chief Investment Officer for Namara Wealth Advisors in Dubai.
Gary said, “PAM is unique in the way that it blends technology with research to deliver an intellectual, market-leading investment process and proposition. I’m looking forward to joining the team and to leading the expansion of PAM’s investment service to more clients across the region.”
Symon Stickney, group CEO at Independent Strategic Group, said, “I am delighted to welcome Gary to his new role and look forward to working with him in fulfilling PAM’s exciting potential in Singapore and further abroad in the region. His experience and know-how in the private wealth management sector will be a great asset in developing our offering and growing our client base globally.”
Jeremy Woodley, chairman and managing director, The Fry Group, said: “Gary’s arrival signals a significant step in our journey to grow and enhance our investment proposition. In expanding both our regional presence and our customer solutions, he will help The Fry Group move into its next phase of growth.”
Bedell Cristin has appointed Catherine Cadman as head of knowledge to lead its knowledge strategy.
In this newly created role, Catherine will be based in the firm’s Jersey office and will have oversight of its global presence across six jurisdictions.
With more than 20 years’ leadership experience in knowledge management roles, at both onshore and offshore law firms, Cadman is tasked with maximising how knowledge is captured, shared and applied across Bedell Cristin.
The head of knowledge role has been created as a result of Bedell Cristin’s recent growth and an increased strategic emphasis on providing consistent client service across all of its offices.
David Cadin, managing partner at Bedell Cristin, said: “Knowledge management is about harnessing our greatest asset – our employees’ expertise – for the benefit of our clients. Catherine has significant pedigree in this space and we’re certain that she will be instrumental in growing Bedell Cristin through her client-focused approach to her role.”
Catherine added: “Bedell Cristin is an agile and responsive business. Building on the strong collaborative culture, and our recent merger with Solomon Harris in Cayman, we will deliver change to benefit our clients and help our legal teams work more efficiently. I’m delighted to join Bedell Cristin at such an exciting time in the firm’s development.”