<blockquote>Welcome to the latest edition of our "Top Ten Popular People Moves" article series, where we delve into the dynamic world of Wealth & Asset Management during the month of July 2023. In this months spotlight, we explore the captivating landscape of this sector, showcasing the most noteworthy individuals who have been making waves across various sub-sectors. From the strategic minds guiding Fund Management to the innovative strategists in Hedge Funds, Private Equity visionaries, Public Fund leaders, and the trailblazers in Wealth Management, these movers and shakers have been shaping the industrys trajectory. Join us as we uncover the impactful transitions, appointments, and changes that have kept the industry buzzing throughout the past month..</blockquote><div> </div><div> </div><h1>1. EFG International AG Strengthens Asia Team for Growth</h1><blockquote>EFG International AG has revamped its Asia Pacific management, appointing new market heads to drive regional growth. Oliver Balmelli becomes the market group head for independent asset managers and international private banking, Timothy Lo for ultra high net worth clients, Jessica Ng for Hong Kong, and Yu Jin Tay for Southeast Asia. Immediate effectiveness to boost EFGs regional growth strategy.</blockquote><div> </div><h1>2. UBS Appoints LH Koh as Head of Asia-Pacific Family Office</h1><blockquote>UBS has named LH Koh as the exclusive Head of the Global Family Office Unit for Asia-Pacific, in an internal restructuring. Koh, previously Co-Head of Global Family and Institutional Wealth, brings a decade-long tenure at UBS and extensive leadership in family office business. Meanwhile, Tommy Leung departs after 20 years.</blockquote><div> </div><h1>3. HSBC Strengthens Middle East Presence with Key Hires</h1><blockquote>HSBC is enhancing its Middle East wealth business by recruiting Patrick DAmic, a former Credit Suisse Strategic Client Partner, and Aladdin Hangari, ex-CEO of Credit Suisse Qatar. The strategic moves demonstrate HSBCs commitment to expanding its Middle East presence and enhancing wealth management capabilities, positioning the bank for continued success in the region.</blockquote><div> </div><h1>4. Dymon Asia Capital Expands Team and Funds Globally</h1><blockquote>Singapores Dymon Asia Capital bolsters its team by recruiting 24 portfolio managers, including former Goldman Sachs MD Jaewon Yu, ahead of a $1 billion fund raise. With $4 billion assets managed, the hedge fund plans a Mumbai office launch to complement its Singapore, Hong Kong, and Tokyo locations. Deputy CEO Kenneth Kan targets 2024 fund raising completion, ramping up efforts internationally from September, including trips to the US, UK, and Japan.</blockquote><div> </div><h1>5. BlackRock Appoints Mandy Lui as Head of Greater China Wealth</h1><blockquote>BlackRock, the worlds largest asset manager, has selected Mandy Lui as the Head of Greater China Wealth. With over two decades of financial services expertise, Mandy will lead BlackRocks expanding wealth operations in the region, overseeing mutual funds, private wealth, and institutional services. This appointment aligns with BlackRocks strategic focus on strengthening its presence in Greater China.</blockquote><div> </div><h1>6. Scotiabank Appoints Jacqui Allard as Group Head of Wealth Management</h1><blockquote>Scotiabank has announced the appointment of Jacqui Allard as Deputy Head of Global Wealth Management, effective from September 1, 2023. She will later assume the position of Group Head on January 1, 2024. Previously at RBC, Jacqui held executive roles, overseeing areas like wealth management solutions, client experience, and strategy. Her extensive experience spans globally across various financial institutions.</blockquote><div> </div><h1>7. Newton Investment Management Appoints Ella Hoxha as Head of Fixed Income</h1><blockquote>Newton Investment Management, a part of BNY Mellon IM, has chosen Ella Hoxha as the new Head of Fixed Income, succeeding Paul Brain. Brain will transition to the role of Deputy CIO of the multi-asset team, retaining portfolio management duties. Hoxha, previously at Pictet Asset Management, will enhance Newtons fixed income offerings, collaborating with the team.</blockquote><div> </div><h1>8. Warburg Pincus Appoints Jeffrey Perlman: Future CEO Successor</h1><blockquote>Private-equity firm Warburg Pincus has named Jeffrey Perlman as president, positioning him to succeed CEO Chip Kaye. Perlman, currently heading Warburgs Southeast Asia and Asia real estate division, will move from Singapore to New York. He will take over from Timothy Geithner, while Geithner becomes chairman. Perlmans selection is based on his investment expertise, global outlook, and alignment with the firms values, ensuring a gradual transition in leadership.</blockquote><div> </div><h1>9. HSBC Swiss Private Bank Strengthens Team for EMEA and Asia Growth</h1><blockquote>HSBCs Swiss private bank is enhancing its team with strategic hires, focusing on the EMEA and Asia regions, including northern Europe and Saudi Arabia. The banks Swiss private banking sector, now HSBCs largest European booking center with $153 billion in assets, has seen substantial growth. Noteworthy appointments include Juan Antonio Roche, head of distribution, and Esty Dwek, head of investment counselors. These moves align with HSBCs aim to expand in Switzerland and bolster its global private banking presence. The bank also leverages its Asian presence to bridge regions, appointing Neil De Sousa and Klara Chan for key roles. Further additions to the team underscore HSBCs commitment to seamless client access to international markets.</blockquote><div> </div><h1>10. Partners Group Appoints Toby Mannock as Managing Director for Australian Private Equity</h1><blockquote>Partners Group, a prominent global private markets investment manager, has named Toby Mannock as Managing Director and Head of Private Equity Australia. In this new role, effective from July 24, Toby brings his extensive background in corporate advisory, institutional finance, and military service to the firm. With experience at ANZ, Renaissance Capital, and British Armys Parachute Regiment, Tobys expertise strengthens Partners Groups capabilities. The firms strategy includes pursuing 1-2 direct private equity investments annually in Australia and New Zealand, under Tobys leadership from Sydney.</blockquote>

BlackRock

Dymon Asia Capital

HSBC

Newton Investment Management

Partners Group

Warburg Pincus

HSBC Private Banking

Scotiabank

EFG International

HSBC Global Banking and Markets

TALNT Insights

Wealth & Asset Mgmt Insights

Top 10 Popular People Moves in the Wealth & Asset Management Sector - July 2023

<h1>Top Ten Popular People Moves in the Wealth & Asset Management Sector – May 2023</h1>
<blockquote>Welcome to TALNTs monthly feature on the Wealth & Asset Management sector, where we bring you the most significant and influential people moves that have shaped the industry in the month of May 2023. The Wealth & Asset Management sector plays a vital role in the global economy, encompassing various subsectors such as Fund Management, Hedge Funds, Private Equity, Public Funds, and Wealth Management. In this article, we will explore the top ten popular people moves within these subsectors, highlighting the key individuals who have made notable transitions, appointments, or advancements in their careers. These individuals are the driving force behind the growth and success of the Wealth & Asset Management industry, and their moves are closely followed by industry professionals, investors, and enthusiasts alike. Join us as we delve into the fascinating world of Wealth & Asset Management and discover the individuals who are shaping its future.</blockquote>
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<h1>1. BlackRock Appoints Masato Sunaga as Co-Head of Japan Client Business</h1>
<blockquote>BlackRock, one of the worlds largest asset management firms, has appointed Masato Sunaga as co-head of Japan client business. With extensive experience in the financial services industry and previous roles at Morgan Stanley Investment Management, Masato will focus on strengthening relationships with wealth distributors in Japan and driving the adoption of ETFs and index products in partnership with the iShares and index investment business at BlackRock. His appointment will be effective from July, further enhancing BlackRocks presence in the Japanese market... <a target="_blank" href="https://talnt.sh/articles/188282" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>2. Man Group Makes History with Dual Female Leadership</h1>
<blockquote>Man Group, a London-listed hedge fund group, is set to have two women leading the company for the first time in its history. Luke Ellis, the long-standing CEO, will be succeeded by current president Robyn Grew, marking a significant milestone for the hedge fund industry. Ellis, who will retire in September, expressed support for Grews appointment and stated that it was the right time to pass on the leadership. With the upcoming appointment of Anne Wade as Chairman, both of Man Groups top roles will be held by women, highlighting a step forward in addressing the lack of diversity in fund management... <a target="_blank" href="https://talnt.sh/articles/184281" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>3. Balfour Capital Group Appoints Dalip Chong as Business Development Manager for Middle East and Asia</h1>
<blockquote>Balfour Capital Group is pleased to announce the appointment of Dalip Chong as the new Business Development Manager for the Middle East and Asia. With extensive experience in business development, project management, and sales and marketing, Dalip brings valuable expertise to the Balfour team. Holding a Bachelor of Arts (Hons) in Business Administration and an Advanced Diploma in Management, Dalip has a proven track record as the former Chief Operating Officer at EBISBANK and Senior Business Development Manager at Maybank Singapore Limited. He has successfully achieved revenue goals, identified new business opportunities, and fostered strong customer relationships in his previous roles... <a target="_blank" href="https://talnt.sh/articles/183186" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>4. Fulton Financial Advisors and Fulton Private Bank Welcome Mark Hoffman as Chief Investment Officer</h1>
<blockquote>Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has appointed Mark Hoffman, Ph.D., CFA, as the Chief Investment Officer for Fulton Financial Advisors and Fulton Private Bank. With extensive experience in asset management and strategy spanning almost two decades, Hoffman will be responsible for developing investment strategies, including strategic and tactical asset allocation, manager selection, and due diligence. This appointment comes as Fulton Bank manages a wealth business with $14 billion in assets under management... <a target="_blank" href="https://talnt.sh/articles/181219" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>5. Matthew McCormick Joins Fred Alger Management as Head of Institutional Sales</h1>
<blockquote>Fred Alger Management, a growth equity investment manager, welcomes Matthew McCormick, formerly at Barings, as the senior vice president and head of institutional sales. In this role, McCormick will lead the development of Algers investment strategies with a focus on consultants, corporations, pension plans, foundations, and endowments. Additionally, he will oversee a team of five professionals dedicated to institutional sales, client service, and RFP development and writing... <a target="_blank" href="https://talnt.sh/articles/185771" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>6. Verso Wealth Management Appoints Former Banker as CEO to Drive Acquisitions in Independent Financial Adviser Market</h1>
<blockquote>Verso Wealth Management, a Sussex-based group with assets exceeding 1.8 billion, has appointed Alan Mathewson as its chief executive to spearhead the companys growth and oversee the integration of five recently acquired financial services firms. This move aligns with Versos strategic plans to capitalize on the consolidation trend within the independent financial adviser market. As smaller firms face challenges from the costs of regulatory compliance, Verso aims to lead further consolidation efforts in the UKs advisory sector. The upcoming implementation of the Financial Conduct Authoritys consumer duty rules in July is expected to bring significant regulatory changes, prompting a major shift in the financial services landscape... <a target="_blank" href="https://talnt.sh/articles/188721" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>7. Certuity Appoints Daniel J. Lee as Partner and Chief Revenue Officer</h1>
<blockquote>Certuity, a North Palm Beach-based financial services firm previously known as Camden Capital, has named Daniel J. Lee as partner, chief revenue officer, and wealth advisor. Lee, previously a senior managing director and wealth advisor at First Republic Bank, joins Certuity in a newly created role. With a track record of increasing new client wealth management assets by approximately $7 billion, Lee has extensive experience working with high- and ultra-high-net-worth families. He brings valuable expertise to Certuity, having served on First Republic Banks Leadership Committee and as the regional wealth advisor manager for the Pacific Northwest... <a target="_blank" href="https://talnt.sh/articles/184236" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>8. Raymond James Ltd. Appoints Neil Linsdell as Head of Investment Strategy</h1>
<blockquote>Raymond James Ltd., the Canadian subsidiary of Raymond James Financial Inc., has announced the appointment of Neil Linsdell as the Head of Investment Strategy, Private Client Group. With over 20 years of experience in the financial markets, including senior leadership roles, Linsdell will provide valuable market insights to assist clients and advisors in portfolio solutions. Holding a Bachelor of Engineering and an MBA from Concordia University, Linsdell is a CFA charterholder and recently obtained the Sustainable Investment Professional Certification (SIPC) from the John Molson Executive Centre, further enhancing his expertise in sustainable investments... <a target="_blank" href="https://talnt.sh/articles/185146" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>9. Sound Point Capital Appoints Gunther Stein as Head and CIO of U.S. Performing Credit and CLO Platform</h1>
<blockquote>Sound Point Capital Management, an investment manager overseeing around $32 billion in total assets, has hired Gunther Stein as the Head and Chief Investment Officer (CIO) of its U.S. Performing Credit and CLO platform. This strategic move comes after Sound Points agreement to acquire Assured Investment Management LLC, the institutional asset management business of Assured Guaranty Ltd. With this acquisition, Sound Points assets under management will increase to approximately $47 billion. Stein, an experienced investor and portfolio manager, previously held leadership roles at Symphony Asset Management, which was later acquired by Nuveen Investments, Inc. and subsequently by TIAA (Teachers Insurance and Annuity Association of America)... <a target="_blank" href="https://talnt.sh/articles/186123" target="_blank" rel="noopener">(Read More)</a></blockquote>
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<h1>10. Citi Global Wealth Investments Appoints Amanda Lee as Asia Pacific Head of Third Party Manager Solutions</h1>
<blockquote>Citi Global Wealth Investments has welcomed Amanda Lee as the Asia Pacific head of third party manager solutions. Based in Singapore, Lee reports to Julie Koo, the global head of third party manager solutions at Citi Global Wealth Investments. In her role, Lee will drive the implementation of Citis growth strategy for third party mutual funds in the wealth management business across the region. She will oversee the mutual fund sales team, ensuring effective delivery of Citis strategy and objectives in the Asia Pacific market... <a target="_blank" href="https://talnt.sh/articles/183212/" target="_blank" rel="noopener">(Read More)</a></blockquote>

Citi

Fred Alger Management

Man Group

Raymond James

Fulton Financial

The 10 Popular Wealth & Asset Management Moves for May 2023

<h1>The Top 10 Most Viewed People Moves in 2021.</h1><div><br>In the past year, TALNT has collected over 10 thousand people moves across the financial services, real assets, technology, energy & natural resources and consulting industries. Here are the Top 10 most viewed moves of the period.<br><br></div><ul><li>Intermediate Capital group hired a five-member team, which is led by <strong>Allan Marchington</strong>, Managing Director and Head of ICG life sciences. The team members included <strong>Toby Sykes</strong>, <strong>Simon Tate</strong>, <strong>Peter Kiener</strong> and <strong>Tracy Weightman</strong>, who all worked together at Bridge Valley Ventures. The team focus on equity investments. <a target="_blank" href="https://talnt.sh/article/27752">Read more...</a> </li></ul><div><br></div><ul><li>Goldman Sachs veteran <strong>Sheila Patel</strong> was hired by B Capital as Vice Chairman. She was previously chairman of Goldman Sachs Asset Management based in London and a member of the banks investment management committee. <a target="_blank" href="https://talnt.sh/article/54640">Read more...</a> </li></ul><div><br></div><ul><li>Former Goldman Sachs Partner, Head of Consumer Wealth Management Operations, <strong>Stephanie Smith </strong>was hired by BlackRock as Chief Operating Officer of its alternatives business. She replaced Todd Slattery, who had been the COO since 2015 and shifted to the role of platform specialist. <a target="_blank" href="https://talnt.sh/article/40144">Read more...</a> </li></ul><div><br></div><ul><li>UK hedge fund, Gladstone Capital, hired <strong>James Coltman </strong>as Chief Operating Officer. Previously he was CFO at fintech firm Fnality International. <strong>Sumant Wahi </strong>was also tapped as a partner and sector head of technology. <strong>Nabil Bouras </strong>was hired as an analyst. <a target="_blank" href="https://talnt.sh/article/57070">Read more...</a></li></ul><div><br></div><ul><li>Bank of America secured hires in the real estate banking sector. <strong>Tim Ryan</strong> joined as managing director and <strong>Joseph Kuk</strong> joined as a director. Tim spent around half a decade in CBRE in London, overseeing its investment banking business in UK and Europe. Kuk joined from Aura Group. <a target="_blank" href="https://talnt.sh/article/36989">Read more...</a> </li></ul><div><br></div><ul><li>Berenberg experienced four new hires to the investment banking and ECM teams. <strong>Dominik Baer</strong> joined from Lazard, as new head of investment banking for Germany, Austria and Switzerland. <strong>Andreas Franzen </strong>was named head of ECM execution and structuring in continental Europe. <strong>Edouard Senlier </strong>was recruited into ECM execution, from BNP.  Joining from Mediobanca, <strong>Hugo Joyeux</strong> was hired into ECM origination. <a target="_blank" href="https://talnt.sh/article/24954">Read more...</a></li></ul><div><br></div><ul><li>Goldman Sachs experienced the departure of <strong>Tom Leake</strong>, who was head of EMEA equity structuring and was based in London. He joined Goldman Sachs in 2017 from Deutsche Bank and was promoted to partner the following year. He has since joined Capstone as head of solutions. <a target="_blank" href="https://talnt.sh/article/35609">Read more...</a></li></ul><div><br></div><ul><li>Barrenjoey sealed three new equity research hires. <strong>Andrew Adams</strong> joined from Credit Suisse, where he worked as an analyst. <strong>Tom Kierath</strong> came from Firetail Investments, where he was an investment analyst and <strong>Peter Marks</strong> was hired from Morgan Stanley. <a target="_blank" href="https://talnt.sh/article/44563">Read more</a></li></ul><div><br></div><ul><li> New head of electronic trading and digital strategy at Barclays, <strong>Peter Ward</strong>, is responsible for driving the banks BARX offering. He was hired from JP Morgan, where he served as global head of futures and options trading. <a target="_blank" href="https://talnt.sh/article/53097">Read more...</a></li></ul><div><br></div><ul><li><strong>Chris Perkins</strong> was hired as a Managing Partner, responsible for narrowing the divide in crypto investing and traditional equities at CoinFund. He came from Citigroup, where he was managing director, global co-head of the futures, clearing and foreign-exchange prime brokerage businesses. <a target="_blank" href="https://talnt.sh/article/57271">Read more...</a> </li></ul><div><br></div><div><br></div>

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Top 10 Popular People Moves in the Wealth & Asset Management Sector - July 2023

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