Jupiter Asset Management
Jupiter Asset Management has appointed JP Morgan Asset Management’s (JPMAM) Talib Sheikh as head of its multi-asset strategy.
Reporting directly to chief investment officer Stephen Pearson, Sheikh will be responsible for leading Jupiter’s strategic plans to develop the multi-asset business.
He will work closely with the multi-asset team, including fund managers Lee Manzi and Rhys Petheram, and with Jupiter’s 74-strong active fund management team.
Sheikh joins from JPMAM where he was a managing director and portfolio manager for almost 20 years, overseeing products spanning multi-asset income, target return and flexible balanced funds.
Sheikh’s role will be effective from June 2018.
Wells Fargo AM
Wells Fargo Asset Management has hired a pair from Schroders to fill key senior roles in its London-based multi-asset team.
Peter Weidner and Mark Brandreth will join the firm as head of factor solutions and senior portfolio manager, respectively, continuing the expansion of its multi-asset solutions team.
Wells Fargo AM has appointed four senior figures to the team within the last four months, including ex-Neuberger Berman man Wai Lee, who joined as global head of research, and fellow Schroders alumnus Dan Morris, now global head of portfolio solutions.
Weidner and Brandreth will report to Morris in their new roles and focus on designing solutions for clients looking for retirement income strategies, wealth preservation and downside risk protection.
The duo hail from the Schroders multi-asset team where they collectively have over 10 years of experience.
HSBC Global Asset Management has appointed Fredrik Cygnaeus as managing director of the Sweden branch.
Cygnaeus will be responsible for further building HSBC Global Asset Management’s client-centric business across the Nordic region, together with sales manager Kim Lindberg.
Cygnaeus joins from Invesco, where he led the external wholesale business in the Nordic Region. Prior to that, he spent eight years at Fidelity in Stockholm.
Clyde & Co
Global law firm Clyde & Co has opened an associated office in Muscat, Oman.
The associated legal practice, called Fatma Al Mamari Advocacy and Legal consultancy, will compliment Clyde and Co’s four existing offices in the Middle East.
The managing director of the Muscat office will be Marla Valdez, who joins the firm following more than 20 years with another major international law firm.
Legal director Stephen McKenna will also relocate to the office from Clyde & Co’s Abu Dhabi firm.
The association is the latest phase of Clyde & Co’s growth in the Middle East, where it is the largest international law firm, with more than 40 partners and 400 staff.