Brett Williams, former CEO of Cofunds, the UK’s largest IFA platform, is joining the Board of boutique fund management house INSYNERGY Investment Management, as a non-executive director.
Williams, who is acquiring a shareholding in the business, will work closely alongside both non-executive chairman and serial entrepreneur James Caan, and INSYNERGY founder and CEO, Spike Hughes, sharing responsibility for company strategy and direction. In his new role Williams will have an opportunity to bring all of his considerable industry experience to bear, with a critical role to play in the decision-making process and in mentoring the management team.
Commenting on the appointment, Spike Hughes says: “Brett has unparalleled experience in building and managing world-class distributor platforms. In guiding the Selestia, Skandia and Cofunds platforms to their market-leading positions, Brett has demonstrated exceptional management skills and a deep understanding of the evolving IFA distribution model. He has a proven track record in managing entrepreneurial businesses – and his vision, knowledge, business sense and entrepreneurial flair will be invaluable in delivering our future success.
Williams adds: “In a rapidly changing investment and distribution landscape I believe INSYNERGY to be extremely well placed to bring a fresh and modern approach to fund management. INSYNERGY is committed to outsourced investment partnerships, searching globally to identify world-class investment opportunities and teams, not normally available to retail investors or their advisers, and to bring these talents to investors on an exclusive basis.
“Working with Odey, GAM, Reliance and Kleinwort Benson Investors, the firm has developed a range of funds that can sit at the very heart of an investors’ portfolio, and at a time when many have questioned the traditional asset manager model, that makes the INSYNERGY proposition different, relevant and compelling. I have known Spike for many years, have a deep-seated belief in the INSYNERGY model and am excited by the opportunity in front of us.”
Caan says: "We are delighted to have Brett joining the Board; he will bring a wealth of experience and strategic insight to our business."
The appointment is subject to FSA approval and other appropriate approvals.
