Tilney Bestinvest research head departs

Added 17th June 2016

Tilney Bestinvest's head of research Simon Moore has left the firm after seven years there.

Tilney Bestinvest research head departs

Moore is now offering consultancy services to wealth managers, funds and investment companies.

Tilney Bestinvest has been restructuring its teams following the recent acquisition of Ingenious Asset Management.

Ingenious AM, a London-based discretionary investment firm had £1.8 billion of client assets and 41 staff at the time the deal was announced in February this year.

The deal closed in April and brought Tilney’s assets up to around £11.2bn. Among the staffers which came over to Tilney as a result of the deal was Ingenious chief executive Guy Bowles, who became head of investment management for Tilney Bestinvest in London.

A spokesperson for Tilney Bestinvest declined to comment on Moore specifically, but said that following the recent acquisition of Ingenious, the firm has combined the research teams and implemented a restructure of responsibilities.

Last month Tilney Bestinvest reported profit of £17.6m for the 12 months to 31 December 2015, its first full year since the merger in August 2014.

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Alex Sebastian

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Alex joined Portfolio Adviser in April 2014 and has been a financial journalist since 2008. He has previously held editorial positions at the Financial Times Group and Euromoney Institutional Investor. Alex is NCTJ qualified and has a degree in economics from the University of Sussex.



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