Close Brothers AM restructures senior investment leadership
Close Brothers AM CIO Robert Alster said the restructuring will strengthen the firm's strategic approach to each asset class and lead to better results for clients.
Reporting to CIO Robert Alster, Giles Parkinson has been appointed head of equities, Andrew Metcalf as head of fixed income, Alec Slater as head of alternatives, Matthew Stanesby as head of collectives and Weixu Yan as head of passives.
«By appointing a number of our fund managers as heads and thought leaders of the asset classes we invest in, we are ensuring that the investments of all investment managers within the firm are more closely aligned with our research capability,» said Alster.
«This will also strengthen our strategic approach to each asset class, and lead to better results for our clients.»
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Parkinson joined CBAM in 2021 as senior fund manager across the firm's global multi-asset range, overseeing £4.8bn in assets under management. Prior to that, he was a global equities fund manager at Aviva Investors.
Metcalf currently co-manages the firm's Select Fixed Income and Sustainable Bond funds and chairs the fixed income committee. He first joined the asset manager in 2016 from Vanguard Asset Management.
Prior to his promotion, Slater held the role of senior alternative investment analyst, having joined the firm in July 2021 as alternative investment analyst.
The new head of collectives Stanesby has worked at CBAM for nearly 17 years. He heads up the manager research team and is also a portfolio manager for the Close Managed Fund range of multi-asset funds.
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Yan joined the firm when Fortune Asset Management was acquired by Close
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