Credence International Australia
Credence Wealth has appointed Paul Nevin to lead its Australian business.
The dual-authorised pension transfer specialist will focus on British and Irish expats moving to Australia.
Nevin has also been named a director of the UK-based Credence Wealth and Credence International Australia.
He was previously a consultant with Navigate IFAs, before which he worked at Holborn, Towry and Aviva, where he began his career.
Credence, which also operates in the UAE, was founded by Chris Ferguson in 2014.
Ferguson said: “I am delighted to welcome Paul to Credence as we embark on an exciting journey into the Australian market. Paul has already carried out some superb consultative work for the company enabling our Australian proposition to be robust and market leading. I look forward to working with Paul as we grow our Australian business.”
Nevin added: “I would like to thank Chris and his team for the opportunity to head up their Australian operation. I am confident that together we can deliver his vision of ‘new model advisory’ in what is the biggest market in the world for UK expatriates.”
Utmost
Karl Moore has been appointed as Utmost Wealth Solutions’ chief financial officer.
Moore, who joined from Barclays in March, is part of a push to boost Utmost’s actuarial function encompassing the international life assurance sector, banking and big four accountancy firms.
Supporting Moore are Jonathan Phiri, head of actuarial, and Charles Groom, actuarial manager, who both join from Zurich International.
Neil Cowley, financial controller, joins from PwC; while Charlotte Barham, finance manager, joins from Crowe Morgan Chartered Accountants and Lee Worsfold, finance change manager, also joins from Barclays.
Utmost said Moore’s team will lead activity in respect of the new Isle of Man solvency requirements and the further development of the corporate governance framework.
Pacific Asset Management
Pacific Asset Management, the asset management arm of Sir John Beckwith’s Pacific Investments Group, has nabbed the G10 macro rates team from Aberdeen Standard Investments.
The investment team is led by Shayne Dunlap and Richard Marshall, alongside portfolio manager Oleg Gustap.
Prior to 2015, Dunlap and Marshall worked together for over 15 years at Mizuho on the bank’s proprietary trading desk. The team specialise in relative value trading of G10 interest rates and FX.
Tilney
Tilney has appointed Duncan Budd as a financial planner in its London office.
Budd joins from DB financial – the firm he established 11 years ago to look after high net worth individuals.
Prior to this, he spent five years in Singapore, first as vice president at Lloyds Private Client Bank, and more recently as senior vice president at Schroders Private Bank.
Unigestion
Boutique asset manager Unigestion has appointed Salman Baig and Joshua Seager as investment managers.
Baig joins Unigestion earlier this year from Bridgewater Associates, where he was an investment associate and engineer focusing on fundamental macroeconomic research, portfolio construction and risk management.
Seager joins from EQ Investors, where he focused on asset allocation and quantitative analysis. He started his career in 2012 at Threadneedle Investments, conducting quantitative and risk analysis across cross-asset portfolios.
Canaccord Genuity Wealth Management
As reported on Monday, Canaccord in Jersey has hired Greg Powell as an investment director from Brooks Macdonald.
The appointment comes hot on the heels of Tim Sanders’ appointment from Books Macdonald, who was named head of the firm’s Jersey office earlier this month.
