People Moves: Cohen & Steers, TISA, Jupiter, Heartwood WM, Newton IM, Thorntons Investments, Deutsche Bank WM, JM Finn, Russell Investments

Pedro Gonçalves
People Moves: Cohen & Steers, TISA, Jupiter, Heartwood WM, Newton IM, Thorntons Investments, Deutsche Bank WM, JM Finn, Russell Investments

Cohen & Steers
Cohen & Steers has revealed that Jon Cheigh, executive vice president and head of global real estate at Cohen & Steers, has been named chief investment officer at the firm.

Cheigh, who has been with the business for 15 years, succeeds Joseph Harvey, president of Cohen & Steers, who has held the position of CIO since 2003 and was recently appointed to the board of directors.

The Investing and Saving Alliance (TISA) has appointed Tony Stenning as its new chair, following the departure of former chair Clive Shelton who stepped down in June.

Stenning spent 16 years at BlackRock where he was managing director and held a number of senior positions, including head of UK retail and head of retirement in EMEA, and has almost 30 years of experience in the investment industry. He has been involved with TISA for a number of years, joining the board in 2014 and becoming deputy chair in 2016. 

Jupiter Fund Management has named Nichola Pease as non-executive chairman of the company, succeeding current chairman, Liz Airey.

The appointment is effective from 2 March 2020, the same date Airey will step down from the board. Most recently, Pease served as a non-executive director at Schroders from September 2012 to November 2019.

Heartwood WM
CEO of Heartwood Wealth Management Tracey Davidson will step down from the role after more than five years, having being appointed as deputy CEO of parent group Handelsbanken.

From 1 November current head of Handelsbanken Wealth Management Simon Dixon will take up the role as CEO of Heartwood on an interim basis, while a recruitment process takes place, the firm said.

Newton IM
Newton Investment Management has appointed Ilga Haubelt as head of equity opportunities, leading a ten-strong team responsible for global, non-income active equity strategies, and £11.1bn in AuM.

Haubelt will begin the newly-created role in the BNY Mellon IM boutique in London and will report to chief investment officer Curt Custard.

Thorntons Investments
Dundee-based wealth management firm Thorntons Investments has added ex-Smith & Williamson partner Ed Rosengarten to its board as a non-executive director.

Rosengarten will join the board with immediate effect, having left Smith & Williamson in June where he was head of funds.

Deutsche Bank WM
Deutsche Bank Wealth Management has hired Samuel Descovich as head of Global Products & Solutions for the Americas to support its growth plans in the region. In this role, Descovich will be responsible for developing and delivering top quality products and solutions to Wealth Management Americas clients including alternative investments, capital markets, and trust and custody services.

Descovich joins Deutsche Bank Wealth Managements this week from UBS Global Wealth Management, where he was Americas Head of Capital Markets Solutions for six years. Prior to this role, he was Americas head of Structured Products Distribution for seven years and managed a global equity sales desk for five years.

JM Finn
JM Finn has announced that Marcus Holden-Craufurd has joined the firm effective immediately.

Holden-Craufurd, who provides investment management services for a substantial number of private clients and trustees, previously spent thirteen years at Rathbones and prior to that worked at Dexia and Ely Fund Managers, having joined the industry in 2000 following seven years in the Life Guards.

Russell Investments 
Russell Investments has announced the appointment of Bettina May as head of Distribution. Based in Frankfurt, May is responsible for driving the business strategy in Germany and Austria, with a focus on expanding the business' network and distribution with wholesale clients. She reports to Martijn Kuipers, managing Director, Northern Europe.

May brings more than 30 years' experience in financial services. She joins Russell Investments from Amundi, where she has spent the last 12 years. She was most recently senior Client Relationship Manager, responsible for the expansion of the ETF, Indexing and Smart Beta businesses across a diverse client network. 


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