Top 10 Moves Within Wealth & Asset Management - March 2023

The Wealth & Asset Management sector is a dynamic and ever-evolving industry that encompasses several sub-sectors, including Fund Management, Hedge Fund, Private Equity, Public Funds, and Wealth Management. In March 2023, there were several noteworthy people moves across these sub-sectors, involving some of the most influential individuals in the industry. These moves have the potential to shape the future of the sector and impact investors and clients alike. In this article, we will be discussing the top ten people moves in the Wealth & Asset Management sector for the month of March 2023. Whether you are a seasoned investor, industry professional, or simply interested in the Wealth & Asset Management sector, this article will provide valuable insights into the latest people moves and trends in this vital industry.

1. UBS Asset Management hires Shamaila Khan as Head of Fixed Income Emerging Markets and Asia Pacific

UBS Asset Management has announced the hiring of Shamaila Khan as the new Head of Fixed Income Emerging Markets and Asia Pacific. The move comes just days after UBS's government-brokered deal to acquire Credit Suisse Group AG. Khan, who previously oversaw $33 billion of assets as head of emerging markets fixed income at AllianceBernstein, will be a complementary fit to the firm's sovereign and credit analyst teams. She will succeed Hayden Briscoe, who will take on a new role as APAC head of multi-asset portfolio management... (Read More)

2. Schonfeld Strategic Advisors hires new Global Head of Delta One and Emerging Markets

Schonfeld Strategic Advisors has named Riccardo Riboldi as its new Global Head of Delta One and Emerging Markets. Riboldi comes with nearly 14 years of experience at Goldman Sachs, where he held several positions. Schonfeld Strategic Advisors is a multi-manager platform that invests in quantitative, fundamental equity, and tactical trading strategies. With a focus on providing global portfolio managers with autonomy and support to maximize the value of their businesses, the firm has a successful track record of capitalizing on inefficiencies and opportunities within the equity markets... (Read More)

3. Liontrust Asset Management's Non-Executive Directors Emma Howard Boyd and Quintin Price resign

Emma Howard Boyd and Quintin Price have resigned from their positions as Non-Executive Directors at Liontrust Asset Management with immediate effect. Emma is a renowned environmentalist and Quintin is an experienced investment professional with previous roles at Deutsche Bank, BlackRock and Gartmore. No reasons have been given for their resignations... (Read More)

4. DWS Group appoints Vanessa Wang as new head of Asia-Pacific

Vanessa Wang has been promoted to head of Asia-Pacific at DWS Group, effective from April 1. She replaces Holger Naumann, who will retire at the end of the year. Wang will retain her role as head of client coverage for APAC and will report to Stefan Hoops, CEO of DWS... (Read More)

5. Societe Generale makes executive appointments, hires COO

Societe Generale, a French financial services group, has announced the appointment of Anne-Christine Champion as Co-Head of Global Banking and Investor Services, and Laura Mather as Chief Operating Officer. Additionally, Philippe Aymerich and Pierre Palmieri have been appointed as Deputy Chief Executives of the bank. The group offers a range of financial solutions and operates through three segments: French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions... (Read More)

6. Investment Placement Group Promotes Rafael Benrey to Co-Chief Investment Officer

San Diego-based Investment Placement Group (IPG) has promoted Rafael Benrey to co-chief investment officer. In his new role, Benrey will oversee all of IPG's investment activities and strategies related to asset allocation and alternatives investments. Previously, Benrey was a senior investment strategist and vice president at IPG where he oversaw its asset allocation strategy... (Read More)

7. Strategic Value Partners appoints co-heads of investment-operating team

Global investment firm, Strategic Value Partners (SVP), has announced the appointment of Dave Richards as Managing Director and Co-Head of its Investment-Operating Team in North America and Sergei Spiridonov as Managing Director and Co-Head of its Investment-Operating Team in Europe. The additions expand SVP's Investment-Operating Team to 15 professionals globally, who work closely with the Investment Team to drive improvements in strategy, execution and performance across the firm's portfolio. Richards and Spiridonov bring extensive experience from top global investment and consulting firms, as well as within companies, to their new roles... (Read More)

8. Partners Group Board Sees Amendments with Addition to Executive Team

Partners Group, a global private markets firm, has announced changes to its board of directors and executive team. Gaëlle Olivier has been nominated to join as an independent member of the board. At the same time, Wolf-Henning Scheider, Partner and Head of Private Equity, has joined Partners Group’s Executive Team. Following the AGM in May, Joseph P. Landy will retire from the Partners Group Board due to personal reasons... (Read More)

9. KKR Appoints Paula Campbell Roberts as Chief Investment Strategist for Private Wealth, Deepening Commitment to Alternative Investments

KKR, a global investment firm managing nearly $70 billion in private wealth assets, has named Paula Campbell Roberts as Chief Investment Strategist for Private Wealth. In her new role, Roberts will work closely with KKR's private wealth partners to provide investment insights and expand individual investors' access to alternative investment strategies. KKR expects private wealth assets to account for a significant portion of its annual fundraising over the next several years... (Read More)

10. Investec Wealth CEO steps down after short tenure

Investec Wealth and Investment's CEO, Barbara-Ann King, has left her role after only eight months, having been promoted to the position in July 2022. Investec confirmed that King has also stepped down from the board and will be on garden leave until her departure on August 13. Acting CEO Iain Hooley will continue in the role, while Ciaran Whelan will continue as managing director. King joined the firm in October 2020 as CCO and has over 25 years of experience in wealth and asset management... (Read More)