The firm is building out intermediary partnerships and has hired a manager to develop this space, and is developing a new investment service.

Investment manager Bordier UK has appointed George Moorey-Denham as intermediary partnership development manager, who previously worked at UBS Wealth Management for seven years.

At UBS WM Moorey-Denham, whose career in financial services spans some 20 years, worked in the strategic partnership team. A Chartered Wealth Manager, he spent seven years as an IFA and has always worked with discretionary fund management firms delivering IFA solutions. 

Moorey-Denham will report to David Muncaster, director of sales and marketing in his new role.

"George brings valuable, complementary experience to our sales and marketing team, and his appointment underlines our commitment to the UK advisory space. Our reputation for outstanding investment performance, allied to a broad range of investment solutions, means we can provide the right solution to our introducers and their clients, whether direct or on platform,” Bordier UK CEO, Jamie MacLeod, said.

Separately, Bordier UK said that it has developed, and is rolling out, its Hybrid Passive Managed Service - a full multi-asset class solution, managed actively by Bordier UK’s strategic asset allocations. The service offers a range of five investment strategies with reduced cost of underlying funds; this ranges from 0.45 per cent for its Defensive Strategy to 0.23 per cent for its Adventurous strategy (as at 30 April this year).

The new service blends active and passive collective funds, with asset allocation managed by the Bordier UK Investment Committee’s centralised multi-asset allocation framework.