St James’s Place
Tom Beal has taken over the role of chief investment officer at SJP Wealth Management, according to a LinkedIn post from his predecessor Chris Ralph.
Beal has been with the wealth management firm since 2008 and was most recently deputy chief investment officer.
Ralph has been promoted to the newly created role of chief global strategist after 10 years in his previous position.
“This will give me the oportunity to spend more time watching markets and communicating ideas to our partners and clients,” he wrote.
Vanguard
Charles Lin has suddenly left the US fund manager after a year as head of its Asia business, reports our sister publication Fund Selector Asia.
Lin was previously managing director for China before his promotion to head of Asia in November 2018.
A spokeswoman told FSA: “He is leaving to pursue other opportunities.”
While the company searches for his replacement; Axel Lomholt, head of portfolio review for Asia, will take up the role on an interim basis.
HSBC Gam
HSBC Global Asset Management has made three senior appointments to its global leadership team, all of whom will report to global chief executive Nicolas Moreau.
Brian Heyworth promoted to global head of institutional business.
Currently global head of client strategy at HSBC Gam, Heyworth joined HSBC in October 2006 as head of global markets sales for Emea. In May 2011, he was appointed global co-head of the Financial Institutions Group (Fig), global banking and markets, before becoming global head of Fig in April 2016.
Christophe de Backer has been appointed global head of wholesale business and partnerships.
De Backer has over 30 years’ experience in a wide range of roles within asset management and is currently a director on the boards of HSBC Gam and HSBC Global Private Banking.
Edmund Stokes has been appointed global chief operating officer.
Stokes has been global head of product since 2011 and led the strategic and commercial development of HSBC Gam’s product capabilities and platforms.
Prior to that, he was chief operating officer of Asia Pacific.
