![Who’s Moving Where In Wealth Management? – haysmacintyre, GAM, M&G, Others](https://piglobalinvestments.com/wp-content/uploads/2024/07/FREEMAN Randel.jpeg)
The latest moves and appointments in wealth management in the UK, the rest of Europe, the Middle East and other select locations.
haysmacintyre
Chartered accountants, haysmacintyre, an
owner-managed business, has appointed Majid Hussain as a partner
and its new head of private client, taking effect on 15 July.
Hussain was previously a partner Evelyn Partners. A qualified tax
advisor and barrister, he brings experience across all areas of
private client tax, the firm said in a statement. Hussain, who
has worked at BDO, Deloitte and KPMG, has particular expertise in
advising international families with complex overseas structures.
Former clients include private equity executives, professional
sportspeople, leading entrepreneurs, and family offices.
Hussain takes over from Katharine Arthur, who led the
department for 11 years, and co-head of private client, Andrew
Broome. Arthur and Broome, who will remain prominent partners in
the private client team, will work closely with Hussain as
he leads the team to develop and expand haysmacintyre’s
private client service lines.
The firm said that Hussain’s appointment continues a strong
period of growth for haysmacintyre, which has appointed and
promoted seven new partners over the last 18 months.
“New leadership helps to inject fresh thinking and energy,
supporting our aim to continuously improve and evolve
haysmacintyre’s offering across all service lines and sectors,”
Natasha Frangos, Managing Partner at haysmacintyre, said. “Majid
brings with him hugely valuable experience and I am confident he
will help the private client team continue to build on its
excellent track record.”
GAM
GAM has appointed Randel
(Randy) Freeman as co-head/co-CIO of GAM Alternatives with
immediate effect.
Freeman (pictured) will work with co-head Albert
Saporta to build out GAM”s alternative investment capabilities in
a new specialist alternative investments unit: GAM Alternatives
(GAMAlts), the firm said in a statement.
The firm is building out GAM Alternatives, a new alternative
investments platform, to meet growing investor demand,
differentiate its offerings, and draw on its active management
strengths and expertise.
“As demand for active portfolio diversification and alpha
generation grows, we are excited that Randy Freeman joins us as
co-head of our Alternative Investments capabilities, reigniting
our founding DNA in alternative investing and complementing our
already strong set of high conviction equity, specialist fixed
income and multi-asset investment solutions,” Elmar Zumbuehl, CEO
of GAM, said.
Freeman has more than 30 years of experience in the global hedge
fund investment management industry. He has managed a range of
alternative investment funds and managed accounts during his
career. His career includes being a member of the investment
committee of SSVL Monaco, CIO of the Fortress Centaurus Global
Fund, co-head of the risk arbitrage division at Banque Paribas in
London, and an associate at Goldman Sachs in New York. Freeman is
a CFA Charterholder and has an MBA from the University of
Chicago, a CFA UK Level 4 Certificate in ESG investing, a
Chartered Alternative Investment Analyst (CAIA) and
has Certificate in Advanced Responsible Investment Analysis
from PRI Academy. He has American, British, and Swiss
nationalities.
M&G
M&G announced
yesterday that Eva Sun-Wai and Rob Burrows will become co-lead
managers for its Global Macro bond strategy.
The changes, which take effect from 1 August, are part of a
succession plan following the incumbent co-manager saying
that he wished to leave to pursue interests in the academic
world.
Eva Sun-Wai, who joined the firm in 2018, has been co-manager of
the strategy since January 2021; she is also the lead
manager of the Global Government Bond strategy. Rob Burrows is a
fund manager specialising in government bond and macro fixed
income mandates and joined M&G in 2007.
M&G Investments also announced that Andrew Chorlton has been
named as chief investment officer of its fixed income
division.
He will succeed Jim Leaviss.
Currently head of fixed income at Schroders and member of the
firm’s group management committee, Chorlton will join the
business later this year and will report to Joseph Pinto, CEO of
M&G Investments. Chorlton has more than 25 years of
experience in fixed income markets.
Allfunds
Allfunds, a B2B
WealthTech platform for the funds industry, has made two senior
appointments: Paola Rengifo, head of global operations and Miguel
Ángel Treceño, chief data officer – a newly-created role,
focusing on digital transformation and the firm’s data-driven
culture.
Rengifo will be based in Madrid reporting to chief operating
officer Antonio Varela. She will focus on implementing an
efficient global operational structure, working towards
synergies, innovation, and automation, all aimed at business
process re-engineering in close partnership with technology, the
firm said in a statement.
During her three-decade career, Renfigo has accumulated
international responsibility in the financial services sector
through roles involving analysis and implementing corporate
strategies with a focus on platforms, products, and resources.
Her senior roles have included a stint at JP Morgan Chase & Co,
she has served as an Advisory Council member of business
Technology and Innovation of the Santalucía SA Group, and is an
associate board member at the Consejo de Innovación y Buen
Gobierno (CIBG) in Spain.
Based in Madrid, Treceño also reports to Varela. He is an
experienced leader and executive, who has worked for more than 20
years in international financial services and wealth management
firms. He has contributed to shaping their technology, operations
and finance capabilities in line with evolving business
strategies. Having begun his career at Credit Suisse, Treceño has
also worked in senior roles at other global banks including
Santander, JP Morgan Chase & Co, and Citibank.
“I am delighted to welcome Paola and Miguel to our team, their
appointments are testament to our focus on bringing
market-leading talent into our business, to drive internal
collaboration and pursue further synergies that ultimately
deliver an optimal service for our clients,” Varela said.