This week's pension industry movers and shakers: including Dalriada and HSBC Asset Management.
Dalriada appoints Katy Vincent as COO
Dalriada has hired Katy Vincent as its chief operating officer. She will be joining Dalriada's Manchester office.
Vincent said: "I am delighted to be joining one of the leading professional trustee firms in the market. Dalriada's client-first approach to trusteeship and the diversity of the team's collective skillset means that it provides a truly unique offering at a time when schemes are navigating an increasingly complex and challenging landscape. I am excited to begin working with stakeholders across the business as we seek to enhance our position within the professional trustee market."
Vincent brings several years of operational experience to the role including her time managing the integration of a boutique law firm into EY following its acquisition.
As their director of operations and a member of the executive board, she has been involved in building the firm up from start-up to exit between 2015 to 2018.
Following the acquisition by EY in 2018, Vincent was project lead throughout the acquisition process, and subsequently joined EY's legal managed services business as chief operating officer.
She also served as chair of the executive board and compliance officer for finance and administration for EY's legal managed services business.
Since August 2022, Vincent has been governor of the Cheshire and Wirral Partnership NHS Foundation Trust.
HSBC AM appoints Richard Smith as head of UK credit solutions
HSBC Asset Management (HSBC AM) has appointed Richard Smith as head of UK credit solutions and senior portfolio manager within its global bond team.
Smith joined the firm in September 2023 and will be based in London reporting into Oliver Boulind, head of global credit, who said: “We are pleased to welcome Richard to the team as part of our ongoing effort to boost HSBC AM’s fixed income capabilities, and further drive our long-term client and growth commitments of developing and enhancing our expertise and fixed income offering within the Global Fixed Income platform. Richard brings significant investment experience to our Global Bond team that will complement the existing team’s skill set”.
Smith will be responsible for developing bespoke global fixed income offerings and helping manage global bond portfolios more broadly.
Smith brings over 25 years’ industry experience and joined HSBC AM from abrdn, where he was an investment director managing global corporate, aggregate, total return and buy and maintain portfolios. Prior to this, Smith was a senior portfolio manager at Aberdeen Asset Management and Deutsche Asset Management.
