RWC Partners expands UK sales team as AuM jumps to $14bn
RWC Partners has appointed Geordie Barron, CFA, to develop and grow its business in the intermediary market across the South of England, following a year in which the business’s AUM climbed by more than 40%.
Barron joins from JP Morgan Asset Management where he managed relationships throughout the UK, across both retail and wholesale channels.
In his new role Barron, who was most recently a Sales Manager at JPMAM, will report to Gary Tuffield, RWC’s Head of UK Intermediary Distribution.
Barron joins on the back of a significant year for the organisation during which it saw assets rise by over $4bn to $14bn.
As well as seeing AUM rise sharply, RWC also launched a European equity fund range headed by former Fidelity fund manager Graham Clapp.
Gary Tuffield, Head of UK Intermediary Distribution at RWC Partners, comments:
“Recruiting someone of Geordie’s calibre is a further sign of RWC’s intent in the UK market, joining as he does the senior relationship managers already within the business as we continue to ensure we can fully support our UK Wealth Management clients.
“Our clients have been an integral part of our growth and we continue to see strong demand for a number of our capabilities across a number of key assets.
“In particular, John Malloy – who leads our Global Emerging Markets strategy – has seen assets grow to $4.5bn over the last three years. The UCITS fund launched in Dec 2015 and has returned 105%, outperforming the index by 29% over that period.
“We are also seeing significant interest in Graham Clapp and his team who recently joined RWC to run long-only European Equity funds for UK investors. Graham is one of the standout European equity managers over the last 30 years, and he provides a compelling opportunity for wealth managers seeking to increase their exposure to European equities with one of the most renowned and experienced investors in the asset class.”
Geordie Barron, RWC Partners, adds:
“RWC Partners is an independent, forward-thinking business with a structure that gives its world class fund management teams the tools and autonomy to concentrate on delivering consistent outperformance for clients. It has a genuine focus on delivering the best possible experience to the people who entrust their money to it, and I am excited to work with Gary and the wider team at a very exciting time for the business.”