People Moves

Who’s Moving Where In Wealth Management? – The Maples Group, Brown Shipley, Others  

Editorial Staff 29 October 2024

Who’s Moving Where In Wealth Management? – The Maples Group, Brown Shipley, Others  

The latest moves, appointments and personnel changes among wealth management and related organisations in the UK, the rest of Europe, the Middle East, Africa and select international locations.

The Maples Group
The Maples Group has appointed Malaqui Awe as senior vice president, based in the Cayman Islands, where she will have responsibility for leading its specialist trust and private client services business.

Awe (pictured) will oversee the provision of trustee and related fiduciary services, maintaining and strengthening relationships with existing clients – institutional, private and family offices – while also driving the business’ growth around the globe.

She will evolve and grow the group's trust and private client services business in the Americas and around the globe, working closely with Peter Huber, global head of fiduciary services, as well as collaborating with colleagues across the group's law firm, Maples and Calder, which recently announced additions to its international trusts and private client team.

Awe has more than 20 years of experience in various roles in the financial services industry throughout the Cayman Islands and Hong Kong. Before joining the Maples Group, she worked in management roles in the Cayman Islands offices of other legal and corporate service providers. Awe has also served in trust and corporate administration roles, where she was involved with client relationship management and advising on complex portfolios of company and trust structures. She is a STEP-qualified Trust and Estate Practitioner and holds a bachelor of science degree in management information systems from Canisius University.

"With private clients and family offices becoming ever more sophisticated and their needs increasingly complex, the demand for high quality trust and fiduciary support has never been greater. We are confident that her deep experience and knowledge of trust and corporate services will enhance our position as a leading provider in the space," Huber said.

The Maples Group provides a range of legal and specialist trust and fiduciary services to international private clients and family offices around the world.

Brown Shipley
UK-based Brown Shipley, a Quintet Private Bank, has appointed Robbie Hewitt as an Edinburgh-based wealth planner, reporting to Gordon Scott, head of Private Bank – North.

Hewitt is a qualified financial planner with more than a decade of financial services experience. He is joining from JKFS, a wealth management and corporate solutions provider. Earlier, Hewitt was a mortgage advisor at the Royal Bank of Scotland.

“He brings to Brown Shipley significant relevant experience, which he will put to work in collaboration with our client advisors to support the long-term wealth management priorities of our clients,” Scott said.

Brown Shipley, which dates back to 1810, is a wealth manager offering clients financial advice and tailored services on all aspects of wealth planning, investment management and lending. It has offices in London, Manchester, Birmingham, Cambridge, Leeds, Edinburgh, Norwich and Nottingham.

MSCI
MSCI has appointed former Goldman Sachs senior manager Luke Flemmer as head of private assets.

Flemmer is based in New York and will report to Alvise Munari, chief product officer. Previously, Flemmer served as managing director, head of digital strategy for alternative investments at Goldman Sachs.

Before joining the US firm in 2020, Flemmer co-founded and was CEO of Lab49, a solutions provider of investment and risk technology to asset managers and investment banks. 

In July, the group launched MSCI Private Capital Indexes, capturing returns and other data from global markets, a rising area of interest for wealth managers and other investors. Covering private equity, private credit, private real estate, private infrastructure, and private natural resources, these 130 Indexes complement MSCI’s more than 80 existing real asset fund and property indexes.

Flemmer's appointment, the launch of the indices and other moves reflects the increase in recent years of information about private market investing. It also matches the rise of this asset class during the decade-plus of very low interest rates after the financial crisis, as well as the secular shift from public to private markets since the end of the dotcom bubble.
 

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