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Former Arc CEO Rowe retires

Former chief executive of Arc group Christopher Rowe has retired.

Rowe was formerly chief executive of Arc group but was later responsible for the fund management of enterprise investment schemes at Arc Fund Management before it rebranded as Consolidated Asset Management following a management buyout in October last year.

Rowe, who is 65 in October, took early retirement at the end of April to move out to Australia with his partner.

Last October Arc Fund Management announced its intention to dispose of its corporate finance, equities and structured products operations in a management buyout to focus on its core IFA business.

The firm rebranded as Consolidated Asset Management following the disposal of Arc equities and Arc capital & income in a MBO led by former Arc finance director John Gracey.

A spokesman for Arc said Gracey and his team would share Rowe’s responsibilities.

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