Marlborough makes two senior appointments to support ambitious plans for growth
● Danny Knight to further strengthen multi-asset proposition for advisers
● Nathan Sweeney appointed as Chief Investment Officer of Multi-Asset
Marlborough has made two senior appointments to support its ambitious plans for growth.
Danny Knight has been appointed Commercial Director, with an initial focus on further strengthening Marlborough’s multi-asset investment proposition for financial advisers in the UK and internationally.
The current range of UK-domiciled multi-asset solutions, which consists of 21 actively managed MPS portfolios and four multi-asset funds, may be expanded with new product launches. The scope of Knight’s role will also include the Marlborough Group’s multi-asset fund ranges domiciled in Dublin and Guernsey.
In addition, his brief is to identify how Marlborough and the wider Marlborough Group can further enhance and develop the other services they offer advisers. These include Marlborough’s range of single-strategy funds; the Marlborough Group’s Select Platform, which is an investment platform for advisers and their clients; and IFSL Fund Services, which provides authorised corporate director (ACD) services to enable advisers to launch their own funds.
Knight has almost 25 years’ experience in financial services. He joined Marlborough on 6th March after nearly 10 years at Quilter Investors (and its previous incarnation Old Mutual), where he was Director of Multi-Asset and latterly Head of Investment Proposition. Prior to that he was at Henderson Global Investors, which he joined when the company acquired New Star Asset Management.
Marlborough’s CEO, Richard Goodall, said: “Danny brings a wealth of asset management experience and an impressive track record of working with intermediaries to help them grow their businesses. It’s a valuable combination of skills, which has enabled him to help design and launch highly successful outsourced investment solutions.
“At Marlborough, we’re continuing to develop our multi-asset solutions and Danny’s expertise will play an important role in ensuring these propositions, and our other products and services, continue to serve the evolving needs of intermediaries and their clients.”
Knight said: “Marlborough has a well-deserved reputation for investment excellence and a very strong focus on working in partnership with advisers to enable them to achieve first-class outcomes for their clients.
“My role will be to build on our capability in both of these areas, identifying opportunities to further strengthen our range of investment solutions and other services, so our adviser partners can continue to succeed by delivering great value for their clients.”
Knight reports to Martin Ratcliffe, Group Sales Director for the Marlborough Group.
Nathan Sweeney appointed Marlborough’s Chief Investment Officer of Multi-Asset
Nathan Sweeney has been appointed as Marlborough’s Chief Investment Officer of Multi-Asset, following Sheldon MacDonald’s promotion to Chief Investment Officer in January.
Sweeney, who has more than 20 years’ investment management experience, joined Marlborough as Deputy CIO of Multi-Asset in 2021. His previous roles include more than 10 years at Architas, where he helped grow the multi-asset business to around £5.7 billion of assets under management.
Marlborough’s CEO, Richard Goodall, said: “Nathan is an outstanding investment professional who combines a detailed understanding of asset allocation and fund selection with tremendous energy and the all-important ‘can-do’ attitude that embodies our approach at Marlborough.
“We’ve already taken important steps in building the multi-asset side of our business and Nathan will play a key role in continuing and accelerating this ambitious growth.”
Sweeney said: “It’s a great privilege to be taking the helm of such a talented multi-asset team, who share a common commitment to ensuring we deliver first-class outcomes for investors.
“This an exciting time at the Marlborough Group. We’ve just launched the Select Platform, and we’re having positive conversations with a growing number of advisers, who are attracted to our multi-asset investment solutions because of the strength of our investment process, the experience of our team and the robust nature of our governance frameworks.
“We’re also very aware of the cost pressures facing advisers and that Consumer Duty places a significant focus on achieving value for clients. So, we’re offering our MPS service for a very competitive annual fee. In addition, we’re committed to continuing our high-quality engagement with advisers to share our insights into the ever-evolving investment landscape.”
Sweeney will continue to report to Marlborough’s CIO, Sheldon MacDonald.
Coverage in the financial trade press
Citywire Wealth Manager and Portfolio Adviser have published articles about the appointments.
Read the Citywire Wealth Manager piece here
Read the Portfolio Adviser piece here
04/04/2023
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