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PEOPLE MOVES: HSBC Global Asset Management, Gam, Openwork

By Robbie Lawther, 28 Feb 20

Investment firm makes C-suite changes in Asia, while advice network hires former Rathbones chief

HSBC Global Asset Management

The firm has promoted Patrice Conxicoeur to chief executive of Singapore and head of south east Asia.

He is moving from Japan, where he is currently chief executive at HSBC Global Asset Management (Japan).

Before taking on his current role, Conxicoeur held various senior roles at HSBC Global Asset Management, including global head of insurance coverage and head of institutional business in Asia Pacific.

Elsewhere, Masayuki Kaneko has been named as chief executive of HSBC Global Asset Management (Japan).

Masayuki is currently deputy head of global banking and head of financial institutions group (FIG).

Both will both report to Asia Pacific chief Pedro Bastos.

Gam

The asset manager has promoted Greg Clerkson to lead its discretionary investment business.

Clerkson, who has been at the Swiss firm three years, will oversee the business management across the firm’s discretionary teams in fixed income, equity and real estate debt, partnering with Gam Systematic and Gam Investment Solutions boss Anthony Lawler.

He will take on the newly created role on 1 March 2020, reporting to chief executive Peter Sanderson, and be based in Gam’s London office.

Clerkson started out as global head of consultant relations at Gam, before becoming global head of product strategy and solutions last year.

Openwork

Philip Howell has been named chief executive of the financial advice network.

He stepped down as chief executive of Rathbone Brothers in May 2019, and also served as chief executive at Williams de Broe Wealth Management and Fortis Private Banking.

Prior to that, Howell spent 24 years with Barclays.

Howell succeeds Mark Duckworth, who has been at the firm for 10 years, initially as commercial development director and for the past five years as chief executive.

The firm did not state where Duckworth will be going next.

Frenkel Topping

The financial services group has promoted Elaine Cullen-Grant to chief executive.

She has been group financial controller at Frenkel Topping since May 2009.

Cullen-Grant succeeds Stephen Bentley, who will be retiring on 1 March 2020.

Prior to Frenkel Topping, Cullen-Grant was a financial reporting accountant at Carillion Utility Services.

Brooks Macdonald

The UK-headquartered firm has welcomed several members of recently acquired Cornelian Asset Managers to the business.

Jeremy Richardson, chief executive of Cornelian, will support the transfer of clients to Brooks Macdonald.

John Jackson, managing director of intermediary business, will join Brooks Macdonald as director of products and propositions.

Marcus Brooks, currently director private clients and charities at Cornelian, will become senior investment director.

Hector Kilpatrick will join the group chief investment office team as senior investment director, while Regina Jackson will lead the integration from the Cornelian perspective, working closely with Jason Wood, Brooks’ group chief operating officer.

Royal London

The insurer has appointed Candia Kingston as chairperson of its investment advisory committee (IAC).

She initially joined the IAC as an independent member in December 2018.

Kingston takes on the role following the departure of Julius Pursaill, who was IAC chairperson for six years.

Jupiter Asset Management

The investment firm has appointed Christopher Smith as a fund manager on its UK growth strategy.

He will join Jupiter from Newton Investment Management in June and will take over the management of the Jupiter UK Growth Fund at the end of that month.

Smith will succeed manager Steve Davies, who is leaving the company to pursue other opportunities.

Tags: Brooks Macdonald | GAM | HSBC | Jupiter | Openwork | Royal London

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