NewSmith has appointed Charles Hopkinson-Woolley as head of alternatives and product.
He joins from Tyrus Capital having built his career at Deephaven Capital Management, Deutsche Bank and Cazenove.
Paul Roy, chairman, says: “Investor interest in alternatives is now a mainstream theme around the world – from pension plans to individual investors. PwC estimates that alternative assets will grow by nine per cent a year between now and 2020, reaching USD13 trillion. NewSmith, together with our partner SuMi Trust will be offering core alternative investment offerings.”
Chief executive Ron Carlson says: “Bringing Charles and his experience and drive in the alternatives area will add further momentum to the business.”