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Tracy Watt has joined Axa Investment Managers as head of UK marketing. She will be responsible for the co-ordination and development of Axa IM’s UK marketing strategy and the delivery of marketing support for the UK business. Watt joins Axa from Mellon Global Investments, where she has been marketing manager for four years.

Troy Asset Management has appointed Ruth Keattch as head of research and investment director. Keattch was at DWS before it was bought by Aberdeen at the end of last year, where she ran the DWS UK smaller companies and DWS European smaller companies funds. Troy hopes to broaden its range of funds as a result of Keattch’s appointment.

Ron Bullivant and Stephen Goldman have joined boutique Cavendish Asset Management as sales manager and a non-executive director respectively. Goldman was most recently head of European equities at Credit Suisse and has 35 years’ experience in asset management while Bullivant joins from Investec, where he has spent five years in intermediary sales. The firm launched an Aim fund last October and hopes to raise its profile this year.

Venture capital manager Northern Venture Managers has signed up James Arrowsmith to head its investment team from 3i, where he was an investment director. He will be covering the Midlands in his new role and be responsible for sourcing and executing venture capital deals worth up to 10m.

Christows stockbrokers and fund managers has expanded in the South-west by recruiting Scott Jones as Branch Manager of its Bath office and Ian Stevenson from UBS Wealth Management as a stockbroker. The firm says the two appointments reaffirm its commitment to expanding its private client business in the South-west.

Merrill Lynch Investment Managers has poached Richard Urwin from Gartmore to head its asset allocation and economics team. At Gartmore, Urwin had been head of strategic research since 1999. He will now report to MLIM’s head of investment strategy Ewen Cameron Watt.
Millfield founding director Bryan Beeston resigned his board position at the end of last year. His position of group sales director, held since Keith Carby left the firm, was established following the restructure caused by the closure and sale of the firm’s non-core businesses and then became redundant. As a result of the shrinking role, Beeston decided it was appropriate to step down from the board.

Tenet investment adviser services division managing director Nick Kelly resigned this month after three-and-a-half years with the network. He is in discussions with two organisations in financial services and expects to have a position confirmed within four weeks. Customer services director Steve Jones is taking the helm until a rep-lacement is announced.

IFA support service provider threesixty has appointed Susan Taylor as its new marketing manager. Taylor, formerly with Bankhall for nine years, latterly as a regional account manager, has been employed to reinforce the company’s profile.

Tenet IFA Foster Denovo has finalised its executive board headed by executive chairman Keith Carby. Former Millfield national sales director managing partner Roger Brosch will manage the business on a day-to-day basis while sales management will be led by Nic Browne and Ray Mills. Director of partnership services Leigh Johnstone will lead support services to advisers.

Berkeley Berry Birch chairman Cliff Lockyer (right) has stood down from the role but remains on the board as group enterprise director. Andrew Shortis, a corporate turnaround specialist, has been appointed group managing director. Senior independent director John Joyce was appointed non-executive chairman and Jonathan Hall becomes non-executive director.

Last week, Park Row announced that founder Tim Newman is standing down as chief executive, with Peter Sprung set to take the reins. He will head new venture Park Row, A Royal Liver Company, the newly combined salesforce effected last month, with Newman remaining as non-exec- utive director.


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