Cazenove Capital Management has poached Caspar Rock from Architas for the role of chief investment officer.
Rock will join Cazenove in the third quarter of this year, reporting to Andrew Ross, chief executive of Cazenove.
Richard Jeffrey, who is currently Cazenove’s chief investment officer, will take on the role of chief economist.
Previously Rock was chief investment officer at Architas Multi Manager, the retail multi-manager arm of Axa, where he oversaw the investment philosophy and process. Prior to that Rock was head of Axa Framlington’s multi-manager business from 2006 to 2008.
Ross says: “We are delighted to have attracted such an experienced investor with a demonstrable track record as our chief investment officer and I look forward to working with Caspar to realise the full potential of our wealth management business.”
Rock adds: “I am very much looking forward to the new challenge that this role will create. This is a great opportunity to join a market leader in wealth management with a brand name that is one of the strongest in the industry.”
Architas says it is looking for a new chief investment officer to replace Rock, but says the fund management side of the business will not change.
Hans Georgeson, chief executive at Architas, says: “We have exceptional internal and external candidates for the role and expect to confirm a new CIO shortly. We have an excellent business, and this is a great role, so interest has been very strong.”