Senior duo quit Neptune

Neptune head of continental European sales Paul Boughton has quit the firm to join boutique Mirabaud Investment Management as joint sales and marketing director.

Separately, Neptune head of institutional business Alistair Wilson has also quit the firm.

Money Marketing revealed last week that Skandia Investment Group head of UK sales Andrew Blair has resigned to join Mirabaud as the other joint sales and marketing director.

Wilson leaves the company after six years. A spokeswoman says: “Wilson’s career has taken a different direction and he is moving to head up the institutional business of a fixed income boutique with no exposure to equities.  Neptune is an equity focused investment house.”

Neptune’s institutional business team continues to be overseen by sales director Patrick Berton.

Boughton has left the company after three and a half years. He also reports to sales director Patrick Berton. A spokeswoman says: “Boughton’s decision to leave Neptune reflects the tough market conditions currently prevailing in Europe as he is taking a role as director to build a UK retail franchise. We wish him well in this new role. We intend to recruit a European sales head of the right calibre and seniority to spearhead our sales activity in this area.”