Neptune Investment Management’s £32m China fund manager Douglas Turnbull has left the firm after more than 10 years.
Turnbull was made head of Chinese equities at the firm in 2013, and he also served as an assistant fund manager on the Neptune Global Equity Fund. In a statement on the departure, Neptune said Turnbull was leaving to “take up a role on an emerging market team”.
Neptune said the fund was being taken over by its head of emerging markets, Ewan Thompson, with immediate effect.
Lombard Odier has appointed Vincent Magnenat as its new Asia chief executive. He will replace Vincent Duhamel, who is named as the firm’s new chairman of the Asia board, according to a statement from the firm.
In addition to his new role, Magnenat will remain the firm’s Singapore chief executive and head of private banking for Asia. He first assumed these roles in early 2014.
The moves come after Duhamel completes his six-year mandate as the firm’s Asia chief executive on 1 July, the firm said.
In his new role as chairman of the Asia board, Duhamel will be replacing Europe-based managing partner Hugo Bänziger, who will continue to be on the board, the firm said.
Europe-based managing partner Hubert Keller will also remain a member of the group’s Asia board, the statement noted.
Schroders has named Daniel Imhof to the newly-created role of head of global sales.
Imhof will be responsible for the asset manager’s sales structure globally and its evolution to meet our clients’ changing needs and our broadening product suite. He will also focus on the development of the skills of Schroders’ sales teams. He will be based in London and report to John Troiano, Global Head of Distribution.
Imhof has 25 years’ experience at UBS Wealth Management, most recently as global head of portfolio specialists, where he was responsible for the distribution of investment solutions and investment funds across client segments globally.
Standard Life Investments
Standard Life Investments, the global investment manager, has added to its multi-asset investment structuring team by hiring Mathias Marta as a quantitative investment director.
Marta was previously a senior portfolio manager at State Street Global Investors, and has extensive knowledge of the UK pensions market, including fund structures and regulation. Based in London, Marta will be responsible for the development of pooled and segregated pension fund solutions.
Investec Wealth & Investment (IW&I) is expanding its London office by hiring three new senior investment directors: Greg Waunford-Brown, Philip Maher and Gideon Wright.
All three are appointed from Julius Baer Wealth Management, which they joined in 2014 as part of the firm’s acquisition of Merrill Lynch International Wealth Management.
Waunford-Brown has more than 25 years of experience in wealth management, having joined Natwest as a graduate trainee in 1987. He moved into financial planning, becoming involved in transitioning clients to the group’s private banking affiliate Coutts. He joins the company from Merrill Lynch International Wealth Management, where he was senior vice president.
Maher also has more than 25 years of experience in wealth management, having spent 19 years at Barclays in its wealth division in Glasgow and London.He joined Merrill Lynch International Wealth Management in 2007, becoming managing director in 2013.
Wright has more than 35 years of experience in the industry. He started his career at NatWest in 1980, joining Merrill Lynch International Wealth Management in 2000, after RBS took over NatWest. His most recent role at Merrill Lynch was as senior vice president.