People Moves
Who's Moving Where In Wealth Management? - Goldman Sachs, BNY Mellon Investment Management
The latest senior moves and appointments in wealth management in the UK, the rest of Europe and select international locations.
Goldman Sachs
Goldman
Sachs Asset Management has appointed Ed Francis as a managing
director to lead its UK fiduciary management business, based in
London.
Francis joins from Willis Towers Watson, where he spent 20 years
in a variety of roles including six years as the head of
investment for Europe, Middle East and North Africa.
The firm’s fiduciary management team works with 72 clients
totalling £89 billion of assets under management as of 30 June
this year.
BNY Mellon Investment Management
BNY
Mellon Investment Management has named Matt Shafer as head of
European distribution.
Shafer will oversee the US firm’s UK and continental European
businesses and will work with its investment firms. He will
report to Matt Oomen, global head of distribution at BNY Mellon
Investment Management, in this newly created role.
One of the world’s largest asset managers, the group oversees
$2.3 trillion in assets under management.
Before this role, Shafer worked at Natixis Investment Managers
where he was head of international distribution covering
financial institutions, intermediary and retail markets, and
captive assets. Prior to this, he was head of sales for offshore
funds, alternative investments and managed products at Merrill
Lynch in the US, and subsequently in London. Shafer started his
nearly two-decade long career in investment at Eaton Vance and
later Bank of America.