City Financial has named former M&G head of risk Tim Short as its chief risk officer.
Short has been hired to support the equity, fixed income, multi-asset and alternative strategies that City Financial offers to retail and institutional clients.
He was most recently at hedge fund manager Rivercrest Capital, where he was risk manager for its European equity alpha fund. In addition, he was previously head of risk and fund manager at M&G Investments and has worked at AXA Framlington and Societe Generale Asset Management.
City Financial chief executive Andrew Williams says: “We are very pleased that Tim has joined City Financial to continue the development of our risk management capability across City Financial’s expanding range of equity, fixed income, multi-asset and alternative strategies for individual investors, pensions and institutions.
“Thorough and sophisticated historic and forward looking risk management has become the hallmark of all leading investment companies – it is in the best interests of investors and their advisors and the entire financial services industry that, robust risk management govern the work of investment management firms, and we are determined that this should sit at the very centre of everything we do.”