Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

9236

Mike Morrow joins Ascentric

RELATED TOPICS​

Ascentric has appointed Mike Morrow to the position of Sales and Marketing Director for Ascentric and IFDL. Ascentric, a leading independent wrap platform, reached profitability in 2011 and has now accumulated over GBP3.6bn of assets under administration.

Morrow joins from HSBC where he was UK Head of Commercial Wealth Management. he spent nine years at Axa where his last role was Head of Platform Distribution for Axa Wealth’s wrap platform.
 
Hugo Thorman, Managing Director of Ascentric, says: “I am delighted Mike has agreed to join us. He has the exact skill set and reputation we need to lead the Sales & Marketing team of a leading wrap platform business in this exciting and growing market.”
 
Morrow says: “I am incredibly excited to be joining Ascentric at this point in its evolution. I spent a number of years competing with Ascentric while at AXA and then the last 16 months working in partnership with them while at HSBC, as provider of an open architecture onshore bond. Successful platform adoption and integration is one of the critical steps in getting an advisory business ready to survive and thrive in the post RDR environment. As one of the few profitable platforms in the UK market and with secure long term funding, I believe Ascentric is uniquely placed to deliver this."   
 
Morrow will join in March 2012 at the end of his notice period.
 

Latest News

The trading and investment platform eToro has extended its proxy voting feature to all stocks..
C8 Technologies, the London-based fintech founded by former BlueCrest Capital Management partners Mattias Eriksson and..
DWS has announced the latest development in its strategic growth push in Alternative Credit with..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by