People moves

Castlefield hires ex-Barings European equities head for sustainable fund

James Buckley will lead the £22.1m CFP Castlefield Sustainable European Fund

Sustainable investment boutique Castlefield has hired James Buckley (pictured) as lead manager of the £22.1m CFP Castlefield Sustainable European fund.

He joins from from Cantor Fitzgerald Ireland where he was head of equity research since 2021. Prior to that, he was head of European equities at Barings for over 14 years.

Buckley has also held roles at Premier Asset Management and Brown Shipley.

See also: – Castlefield Q&A: Having an influence as a smaller investor

He replaces Rory Hammerson, who is leaving the firm to take over his family’s sustainable agriculture business.

Meanwhile, Castlefield has also appointed Bronwyn Riley as a client manager after 12 years at Tilney.

John Eckersley, founder and senior partner at Castlefield, said: “We are dedicated to attracting top talent, in turn aligned with Castlefield’s ‘thoughtful’ values and helping to drive our vision. James and Bronwyn have exactly those characteristics and will both play an important part within the business, supporting our long-term sustainable growth.

“James’s wealth of expertise in European equities further enhances the resource behind the Castlefield Sustainable European fund and will help to ensure continued strong returns for our clients.”

This article first appeared on Portfolio Adviser.

Exclusive: Stafford Capital Partners hires sustainability head from APG AM

Marta Jankovic was also a director in BlackRock’s investment stewardship team

Private markets investment group Stafford Capital Partners has appointed a head of sustainability.

Marta Jankovic joins from APG Asset Management, where she was responsible for the delivery of client responsible investment policy objectives and advised APG’s private markets teams on implementing the EU’s Sustainable Finance Disclosure Regulation. She was also a director in BlackRock’s investment stewardship team, where she was responsible for providing leadership on ESG research and insights, as well as voting and engaging with public companies in the EMEA region.  

In her new role, Jankovic will work with Stafford’s investment committees, focusing on shaping the firm’s sustainable investing strategy, and fostering engagement with clients, policy and industry stakeholders.

She will report to Stafford CEO Angus Whiteley and be based in the firm’s Rotterdam office.

“Marta’s experience, attitude and knowledge of the evolving policy environment when it comes to EU and global standards make her a wonderful addition to our experienced team,” Whiteley said.

“She is well placed to help guide our investment strategies and deliver on our clients’ responsible investment objectives. Marta’s experience will really consolidate the work we undertake in this space.”

Jankovic added: “This is a highly valued opportunity for me to work closely with an investment manager who has embedded responsible investing from the ground-up and therefore has deep experience and appreciation of the importance of delivering sustainability strategies, both within its own business and for its clients.”

Redington promotes two from sustainable investing team

Anastasia Guha and Paul Lee to become managing directors

Two members of Redington’s sustainable investing team have been promoted to managing director.

Global head of sustainable investment Anastasia Guha (pictured, left) and head of stewardship and sustainable investment strategy Paul Lee (pictured, right) are among five total managing director promotions at the investment consultancy.

Guha joined Redington in 2021 and leads the firm’s global sustainability strategy, integrating this across different business channels including Redington’s proprietary Ada Fintech platform.

Lee also joined in 2021 and oversees the delivery of Redington’s stewardship and sustainability services to clients, having spent more than two decades delivering ESG and stewardship services, and helping shape the market as a whole.

“We have ambitious plans – as we progress on our responsible and strategic growth journey – to support an increasing number of DB and DC pension schemes, while expanding our proposition for wealth managers, charities, the LGPS and other asset owners globally,” said Redington CEO Sylvia Pozezanac.

“At the same time, we are committed to maintaining an inclusive, diverse and purpose-driven workplace, supporting our unwavering mission of helping make 100 million people financially secure – for the benefit of people and planet.”

Fidelity appoints Tan as chief sustainability officer

Jenn-Hui Tan takes over the newly created role

Fidelity International has appointed Jenn-Hui Tan (pictured) as its chief sustainability officer – a new role for the business.

Tan, who was previously global head of stewardship and sustainable investing, will be responsible for the firm’s overarching sustainability approach. He will continue to manage the sustainable investing team, but will now also have the corporate sustainability team reporting to him.

See also: Fidelity International appoints first European stewardship head

Tan’s day-to-day responsibilities will include ensuring a consistent sustainability approach across all arms of Fidelity, including advisory, investment management, personal investment platform services and retirement solutions. He will also be accountable for the firm’s strategy, and execution, of governance.

Tan joined Fidelity in 2007, having previously been a corporate finance lawyer specialising in M&A at Norton Rose Fulbright. He became the firm’s global head of stewardship and sustainable investing in 2019.

Andrew McCaffery, global chief investment officer at Fidelity, said: “As an active steward of capital, we consider the longer-term consequences of our actions in both financial and societal terms – setting ambitious sustainability goals at an enterprise level is a core part of our approach to drive positive change.

See also: Green Dream with Fidelity’s Tan: Divestment is a failure of engagement

“As the sustainability landscape continues to evolve in line with client and regulatory expectations, we believe it is important to have a single point of accountability across Fidelity to deliver a consistent, overarching sustainability strategy – setting policy and governing delivery of our sustainability commitments across our full business operations.”

In May this year, Fidelity appointed Emilie Goodall as its head of stewardship, to support ESG analysis and engagement activities.

This article first appeared on ESG Clarity’s sister title Portfolio Adviser.

Palladium replaces departing CEO with four co-executive officers

Chris Hirst has stepped down as CEO after 25 years with the firm

Four executive officers functioning as equal partners are set to lead global impact firm Palladium, following the departure of Christopher Hirst as CEO.

Jose María Ortiz, Sinéad Magill, Ricardo Michel and Bernadette Howlett will become co-executive officers from their respective global offices in London, Washington DC and Sydney.

“This is a model that has worked before within Palladium, and we have many years of first-hand experience with similar partnership structures at the regional level,” said Ortiz.

“When well executed, they break down silos, increase diversity of thought and improve decision-making. Collective leadership represents an emerging trend, and we are excited to apply our experience globally.”

According to Palladium’s 2022 Global Impact report, the firm was responsible for catalysing $2.8bn of public and private investment to drive impact and delivered more than 21 million relief and medical care items to communities hit by conflict and disaster.

“Chris has been integral to the extensive impact Palladium has had around the world. He was my successor when I stepped down as CEO in 2018 and has led the business through a period of remarkable growth,” said Kim Bredhauer, Palladium’s executive chairman.

“While we are sorry to see Chris go, I am excited for this new generation of global leaders to take Palladium into the future. Our executive officers reflect the scale, breadth and diversity of our business and the talent within Palladium.”

Quilter Investors bolsters manager research hub with two hires

Tasked with developing and implementing responsible investment policy

Quilter Investors has expanded its responsible investment team by appointing two experienced investment analysts.

Jonathan De Pasquallie has joined as a responsible investment analyst from KPMG, where he provided investors with ESG due diligence as well as assisting them with approaches to climate risk and decarbonisation strategies. At Quilter Investors, De Pasquallie will support enhancements being made to ESG integration and reporting and help lead active ownership activities.

Meanwhile, Chris Wu has joined the business as a responsible investment quantitative analyst. Wu was most recently a research officer at the London School of Economics and has a decade of experience in applied data science. With a PhD in urban studies, Wu has been hired to help the business utilise data and technology in its responsible investment decision making and conduct detailed research within the sector.

The responsible investment team at Quilter Investors is part of the extended manager research hub the business launched at the end of last year to enhance its fund manager research capabilities.

“The addition of a data scientist and an experienced responsible investment consultant brings an advanced set of skills to scale up the work already being done by the existing team, as we continue to work with our fund managers and distribution partners to meet customer and regulatory needs,” said Marisol Hernandez (pictured), head of responsible investment at Quilter Investors.

“Given the increase in regulatory requirements in responsible investment, we want to give advisers and investors the confidence that their objectives are being met and their money is being managed in line with their needs and regulations. Having a strong and well-resourced responsible investment team is a positive step in providing that support and expertise for our clients.”