Close Brothers AM appoints new head of business development

Joins from Deutsche Bank

Close Brothers Asset Management has appointed Matthew Spencer as head of business development and marketing as part of its strategy to expand in the high-net-worth client market.

Spencer joins from Deutsche Bank, where he was managing director, head of intermediaries, multi family offices and group referrals, and has also worked at Coutts, Credit Suisse and Jupiter Fund Management. In his new role Spencer's responsibilities will span the breadth of Close Brothers AM's offering, including private clients, intermediaries, and financial education. Close Brothers AM hires Brooks Macdonald's Wilson as MD Martin Andrew, chief executive of Close Brothers Asset Management, said: "We are looking to hire high calibre people to develop our propositions, enhance our se...