To mark six years of its employee-led Corporate Responsibility Committee and the launch of the Community Investment Fund, EdenTree recently refreshed and formalised its corporate responsibility strategy into three focus areas: people, community and environment, it said in a statement.

Rae, who joined EdenTree’s charity team in 2019, will work closely with EdenTree’s Corporate Responsibility Committee to continue driving positive social and environmental change.

Prior to joining EdenTree, Rae worked in the business development team at Cambridge Associates, partnering with endowments and foundations. She has been involved with charities for several years as trustee at three UK charities and as a proud champion of the Young Trustees Movement.

Commenting on her role, Rae said: “It’s a hugely exciting time to oversee EdenTree’s corporate responsibility initiatives and working with colleagues across the business to continue to drive positive change in each of our focus areas of people, community and environment.

“Our corporate responsibility initiatives are at the heart of who we are as a responsible business and I look forward to continued collaboration with colleagues, clients, beneficiaries and charity partners to continue to drive positive change.”

Daniel Barber, chief commercial officer said: “Our charitable ownership and commitment to our customers and communities means we have a unique opportunity to create a positive impact in the world.

“The internal team, led by Leonora, have an important role in holding us accountable to the same high standards we expect from our investee companies, and the work they have in the pipeline is something we are excited about.”

EdenTree, which launched one of the first ethical equity funds in the UK, is based in the City of London. It has £3.7 billion of assets under management across its range of funds.

Titanbay
Titanbay, a private market investment platform for private banks, wealth managers and sophisticated investors, has appointed Stuart McGlynn as head of intermediary sales to lead the platform’s relationships with private banks and wealth managers across Europe and the UK.

McGlynn has almost three decades of experience in sales and investment management, having started his career with Standard Life as a graduate and advancing to become head of EMEA for the merged entity of abrdn.

McGlynn brings in-depth sales experience across the personal financial planning sector including public market platforms and asset management in both public and private markets for wealth managers across Europe and the UK. 

His appointment comes less than a year since Titanbay’s Series A funding round, wherein abrdn was among the leading investors, alongside global wealth management platform FNZ and investment firm Motive Partners.

McGlynn is the latest in a series of new hires by Titanbay, demonstrating the firm’s continued investment and commitment to excellence in the private equity space.

Thomas Eskebaek, CEO commented: “Stuart brings almost three decades of industry experience, and we are very excited to have him in our senior team. His expertise across the breadth of personal finance, wealth management and global banking makes him well placed to lead our intermediary partnerships as part of Titanbay’s continued growth.”

Universal Investment Group
Universal Investment Group has appointed Etienne Rougier as chief operating officer, with immediate effect.

Rougier will be responsible for driving and transforming the business to support its overall growth strategy. This includes enhancing customer delivery, involving the onboarding experience for customers, seamless account maintenance and superior fund accounting. Through his leadership role, he will strengthen the development of Universal Investment’s growing subsidiaries in Luxembourg. Rougier will also be responsible for technology, operations and change management, the firm said in a statement.

Rougier started his career at AXA Investment Managers where he led several business reorganisation projects, most notably the outsourcing of AXA IM operations in Europe. In 2005, he was named global head of change management. He then moved to London to set up the multi-manager boutique Architas, a new asset management firm for AXA Group, where he was COO for five years. In 2013, he joined Alliance Bernstein where he spent almost ten years in various management roles. Rougier holds a master’s degree in finance.

Michael Reinhard, CEO said: “We are delighted to have Etienne on board. He brings more than two decades of experience in the asset management industry and has demonstrated strong skills in developing organisations and businesses. His international perspective will help us take our operations in Europe to the next level and support our planned office openings in North America and Asia. In Luxembourg, Etienne will contribute to the further integration of our latest acquisition EFA – European Fund Administration.”

Universal Investment has more than €975 billion in assets under administration, about 2,000 fund and investment mandates and a workforce of more than 1,700 at locations in Frankfurt am Main, Luxembourg, Dublin, London, Paris, Hamburg and Krakow.

JM Finn
JM Finn has appointed Danny Szabo as an investment manager, with immediate effect. He is based in JM Finn’s London office, working closely with Paul Dyas, head of Investment Management.

Szabo will be responsible for managing client portfolios and developing investment strategies that align with each client’s unique financial objectives. Szabo, who has worked in investment management for more than a decade, has obtained the Chartered Wealth Manager designation and holds Chartered Fellow status at the Chartered Institute for Securities and Investments, the firm said in a statement.

Prior to joining JM Finn, Szabo managed discretionary assets on behalf of private clients and intermediaries at atomos. His previous firms include Evelyn Partners, where he was responsible for a team which managed assets in excess of £600 million, and Oxford Capital.

JM Finn has funds under management and administration of £10.2 held on behalf of over 18,500 clients, as at 31 December 2022. The firm, which has over 100 investment professionals, is based in London and has four regional offices in England in Bristol, Bury St Edmunds, Winchester and York.