Discretionary fund manager PortfolioMetrix has hired Schroders Investment Solutions chief investment officer Alex Funk as its new investment lead.
Funk will join office on 1 August. Prior to Schroders, he was the CIO of Benchmark Capital from 2019 to 2021. Before moving to the UK, he served as chief executive t Cinnabar Investment Management in South Africa. The appointment comes as Nic Spicer steps back from his operational role at the discretionary management firm to pursue a master's degree in Sustainable Energy Futures at Imperial College. Head of UK wealth Doug Abbott exits Schroders for Vanguard after 15 years Spicer will remain a shareholder in the business and will run an extensive handover process. He helped launch P...
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