The latest developments and personnel in wealth management in the UK, the rest of Europe, the Middle East and other selected regions.
portfolio metrics
Portfolio Metrics, a £3.5 billion (approximately $4.39 billion) discretionary investment management firm founded in 2010, has hired Alex Funk as its new head of investments in the UK. He will join the discretionary management company on August 1, as Nick Spicer steps down from his operational role at the company.
Mr. Spicer, who has launched and managed numerous ESG portfolios at Portfolio Metrics, will remain a shareholder in the business and will implement a transition process to ensure a smooth transition for Mr. Funk, the company said in a statement.
Funk (pictured) joins from Schroders Investment Solutions, where he was chief investment officer. He also served as his CIO at Benchmark Capital from 2019 to 2021 and was CEO at Cinnabar Investment Management in South Africa before moving to the UK.
“His extensive experience across MPS, multi-asset and in-house solutions brings a different perspective and ensures that PortfolioMetrix’s proposition continues to evolve.His proven track record of driving growth will help our company It will help us take our business to even greater heights,” said Ben Peel, PortfolioMetrix UK Managing Director.
PortfolioMetrix describes itself as a “high-energy, results-driven global investment management business” with offices in London, Dublin, Johannesburg, Cape Town and California.
Pinebridge Investments
PineBridge Investments, a private global asset manager focused on active, high-conviction investing, expands its EMEA client team with the appointments of Mick Schneider, James Quinn and Olivia Zaidi The company said in a statement.
Mr. Schneider, who has been appointed Head of Switzerland, will be responsible for the development and execution of PineBridge’s sales strategy in the Swiss institutional and intermediary markets. He also covers the intermediary markets of Liechtenstein and Austria. Prior to joining BNY, he spent nearly 10 years at Mellon, most recently as Head of Wholesale, responsible for institutional and wholesale business development in Switzerland, Liechtenstein and Austria. Prior to this, Schneider began his career in advisory and asset management with his Coutts & Co.
Quinn has been appointed UK Brokerage Sales Director. Mr Quinn will be based in London and will maintain and develop relationships with the UK’s leading intermediary investors, and he said the firm sees significant scope for expansion in this area. Prior to joining PineBridge, Quinn spent seven years at Robeco, most recently as a global wholesale and financial institutions manager.
Zaidi joins the Swiss team in Zurich as a Senior Client Relations Associate. She will focus on managing relationships with both new and existing customers. She previously worked at Muzinich & Co, Morgan Stanley Investment Management and Swisspartners AG.
“The UK and Swiss markets are so important to our EMEA business that all three new employees bring deep domain expertise and will be of great help to our customers as they navigate economic uncertainty. EMEA CEO Mick Sweeney said.
