Canaccord Genuity WM appoints replacement as CIO Cuming set to step down

Stepping down from his role in May

Daniel Flynn
clock • 1 min read

Canaccord Genuity Wealth Management (CGWM) has appointed Michel Perera, formerly of JP Morgan Private Bank, to replace outgoing chief investment officer Nigel Cuming, who will retire in May.

In his new role, Perera (pictured) will be responsible for CGWM's central investment process, with a specific focus on asset allocation and stock selection. He will also continue to develop the company's stock screening tool, Quest. Perera spent 19 years at JP Morgan Private Bank, where he was most recently chief investment strategist (EMEA) responsible for running the  company's investment strategy, as well as overseeing tactical asset allocation decisions for discretionary portfolios within the region. Five UK DFMs form partnership to educate advisers on outsourcing Meanwhile, ou...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Over a quarter of younger investors own crypto as overall optimism on the rise in July

Optimism up from May figures

Sorin Dojan
clock 23 July 2025 • 2 min read
Partner Podcast: What clients really want from their managers

Partner Podcast: What clients really want from their managers

Listen to the latest postcast with Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein

Honor Solomon, CEO for EMEA and Head of EMEA Retail Sales, at AllianceBernstein
clock 22 July 2025 • 1 min read
Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Dimensional's Kaitlin Hendrix: Counting the cost of index rebalancing

Reconstitutions can hurt returns

Kaitlin Hendrix
clock 18 July 2025 • 4 min read
Trustpilot
Loading page