AJ Bell
Kevin Doran has been appointed chief investment officer and managing director of AJ Bell Investments with immediate effect.
Doran will be responsible for leading AJ Bell’s investment team and developing the range of investment solutions it offers to financial advisers and customers. This currently comprises a managed portfolio service and range of five risk-rated passive funds.
Doran was previously chief investment officer at Brown Shipley with overall responsibility for the investment proposition, incorporating investment strategy and portfolio implementation.
He then took on the role of group head of research and strategy at Brown Shipley’s parent company KBL European Private Bankers where he was responsible for the investment strategy of its European private banking network.
At the same time, Matthew Brennan will also be joining AJ Bell as fund manager. He will be part of the team responsible for the day-to-day running of the AJ Bell passive funds and will work with Doran to further grow the range of investment options AJ Bell provides.
Brennan previously worked with Doran at Brown Shipley Private Bank, where he was senior fund manager and head of fixed income research, with specific responsibility for managing its discretionary fixed income fund.
UHY Hacker Young
UHY Hacker Young, the national accountancy group, has appointed Zoe Paradine head of marketing and business development as a partner in the London office.
Paradine, who is also on the UHY Hacker Young UK board and executive committee, has been working with UHY Hacker Young for more than 15 years. She will officially be made a partner of the London firm on 1 November.
Laurence Sacker, UHY’s London managing partner, explains that the appointment is significant as it recognises that the success of modern accountancy firms is created through their support teams, such as marketing, as much as through the traditional practice areas.
Sarasin & Partners
Sarasin & Partners has appointed Hadley Simons as chief operating officer of client affairs. Simons joins the firm from C Hoare & Co, where he was chief operating officer for wealth management, with oversight for the division’s financials, change agenda, risk and control management, dealing/custody and client support functions.
Having executed the sale of the wealth management division to Schroders, Hadley has since been supporting the bank in a consultative capacity as interim head of change.
Prior to this, Simons was head of change for the UK Private Bank at Barclays, before which he worked at UBS, running (amongst other roles) their European securities financing operation. He began his career in investment banking at Donaldson, Lufkin & Jenrette, later subsumed into Credit Suisse.
Brown Shipley
Brown Shipley appointed Alan Mathewson as chief executive, subject to regulatory approval. He is expected to start his new role by April 2018.
Mathewson will join from Santander UK, where he has worked for over three years as managing director of Wealth Management and Private Banking. In this role, he led Santander’s move into the UK private banking and wealth management market, including the launch of its digital investment channel.
Mathewson has held a number of other senior leadership positions during his 22 years at Santander, including chief executive of Cater Allen Private Bank and managing director of Santander’s Retail Branch Network. He has over 30 years of financial services experience and started his career with Lloyds Banking Group.
Mirabaud
Mirabaud Asset Management has appointed Daniel Moreno as senior portfolio manager in charge of emerging markets debt.
With the arrival of Moreno, Mirabaud Asset Management has launched its dedicated Emerging Market Debt fund in Luxembourg. The fund will take an unconstrained, global macro top-down approach, offering flexibility and diversification.
Moreno started his career at Dresdner Kleinwort Benson in Frankfurt as a fixed income and currency strategist, before moving to Deutsche Bank in 2000 as a portfolio manager.
He has held senior portfolio manager positions at Union Investment in Frankfurt as well as Global Evolution and Sydbank in Denmark, where in 2011, he was part of the spin-off of the senior emerging market debt team into a newly created business in London called EM Quest.
Prior to joining Mirabaud Asset Management, Moreno was head of emerging market debt at Rubrics Asset Management.
Federal Reserve
Donald Trump named Jerome Powell as his pick to lead the Federal Reserve.
Appointed to the bank’s board in 2012 Powell’s anticipated appointment requires senate confirmation.
Seen as a continuity candidate Powell has voted with the majority under current chair Janet Yellen, whose term finishes in February.
