CIO News & Analysis
2 articles
Market Mood
Schroders Wealth Management Appoints New CIO and Leadership Team
Schroders Wealth Management has announced senior leadership changes, including Grace Lavelle as the new Chief Investment Officer (CIO). Caspar Rock, who served as CIO for ten years, is now vice chair, focusing on key client relationships. The firm also appointed Wilaf Moore as chief executive of Cazenove Capital for the UK and Channel Islands, and Neil De Sousa as head of Middle East and Geneva. These changes aim to enhance the firm's capabilities and client services in a complex market, which is important for investors seeking robust wealth management options.
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Pictet (PCTHF) Appoints Kelvin Tay as CIO for Asia
Pictet Wealth Management has appointed Kelvin Tay as the chief investment officer (CIO) for Asia, effective immediately. Tay previously served as CIO for South Asia Pacific at UBS Wealth Management and has over two decades of experience in the sector. Pictet reported assets under management of SFr757 billion ($987 billion) for the year ending December 31, 2025, a 4.5% increase from SFr724 billion in 2024. The group also recorded a consolidated profit of SFr667 million in 2025, indicating stability in financial performance.
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