The Head of the Jersey office at discretionary investment management firm, Quilter Cheviot is to take up a newly created position as Head of International.
Tim Childe has been appointed to the key strategic role as part of an executive team restructure following the acquisition of the firm by the leading wealth management firm Old Mutual Wealth earlier this year.
The restructure, which will ensure the firm continues to grow its presence in both the domestic and global markets, incorporates a number of new roles and promotions for existing members of the executive team*.
The enhanced leadership team will support Quilter Cheviot CEO Martin Baines in delivering the firm’s strategic objectives.
In addition to his new role, Mr Childe will retain his position as Head of Office in Jersey managing its 23-strong team from its base on The Parade in St Helier.
This will be the first time Quilter Cheviot has appointed a Head of International. In the newly created role, he will be responsible for driving international business development, leveraging the global influence of Old Mutual International.
Mr Childe has more than 28 years’ experience in the investment management industry, the last 25 of which have been with Quilter Cheviot. An Executive Director at the firm, Tim is experienced in managing investment portfolios for private clients, trusts and professional intermediaries in the Channel Islands, the UK and internationally. He is a Chartered Fellow of the Chartered Institute for Securities and Investment (FCSI). As Head of Office for Quilter Cheviot Jersey, Tim is also a member of the Quilter Cheviot Risk and Strategy Committees. In 2013 and 2014 he was named in the Citywealth Leaders Lists.
Speaking about the newly created Head of International role, Mr Childe said: “Our acquisition by Old Mutual Wealth offers an excellent opportunity in terms of what we can offer our clients oversees, and I’m delighted to be leading the international arm from our office in Jersey.
“Our partnership offers key benefits to the global market, from our highly bespoke and personal service, to extensive research capability. Quilter Cheviot benefits from OMIs extensive distribution networks, while for the first time OMI clients have access to Quilter Cheviot’s discretionary portfolio services - a bespoke, high-end service for high-net worth and ultra-high-net-worth individuals”.
David Loudon, Head of Investment Management, adds, “Tim will be playing a very important role in shaping the future of our business as part of our enhanced Executive Team. He is highly experienced and will help to drive growth by calling upon his excellent track record in international business development.”
Quilter Cheviot Jersey is the largest discretionary investment management team in the Channel Islands. Nationally, the firm operates across 12 locations in the UK, Ireland and the Channel Islands. The firm has £17.2 billion of funds under management. FTSE 100 company Old Mutual Wealth has c. £100 billion of private clients’ funds under management.
Comments
Comments on this story express the views of the commentator only, not Bailiwick Publishing. We are unable to guarantee the accuracy of any of those comments.