The Jersey office of leading investment manager, Quilter Cheviot is expanding its team to help service growing client demand and develop new international markets.

The office, which already operates one of the largest discretionary investment management teams in Jersey, has grown its ranks further with the recruitment of Myles Renouf as a Trainee Investment Manager and Allie McMahon as Business Development Manager.

Myles joins the Quilter Cheviot team from stockbroking and investment firm Ravenscroft, where he spent three years. He has acquired the Investment Advice Diploma and recently passed the Private Client Investment Advice & Management exam (PCIAM).

Myles will work with Quilter Cheviot Executive Director, Damien Maltwood and Fixed Income Specialist, Oliver Stones, with a focus on the implementation of investment strategies for the firm’s Dubai operation. Quilter Cheviot’s Dubai representative office, which launched in April 2016, is overseen by Jersey Office Head, Tim Childe, who is also the firm’s Head of International.

Explaining why he wanted to develop his career at Quilter Cheviot, Myles said, “The culture at Quilter Cheviot really appealed to me. I heard it was a great place to work, with impressive longevity of staff.  The recent acquisition of Quilter Cheviot by Old Mutual Wealth has opened up a number of opportunities for market expansion and I felt it was a great time to join the team and contribute to its further success.”

Allie, who has 17 years’ experience within the securities services industry based in Jersey, was previously employed by BNP Paribas and RBSI Custody Bank.  At BNP Paribas she held a relationship management role within the client development team, ensuring a high level of service delivery on client portfolios, tailoring solutions to meet individual needs in profitable and strategic partnership.  Allison is an associate with the Chartered Institute of Securities and Investment (ACSI) and holds the Investment Operations Certificate (IOC). She is currently completing the Investment Advice Diploma (IAD).

At Quilter Cheviot, Allie will work with Mo Baluchi, Executive Director and will cover business development with intermediaries, introducers and high net worth private clients in the European region.    

Commenting on her new employer, Allie said, “Quilter Cheviot has a long-standing and excellent reputation within the Channel Islands and is known for providing high-quality investment management expertise as well as exceptional levels of customer service. Through my previous role I engaged with members of the Quilter Cheviot team and was always inspired by their enthusiasm for the company.  I seized the opportunity to become part of this very well respected organisation.”

Tim Childe, Head of Jersey Office and Head of International added, “Myles and Allie join us at a very exciting time for the business, as we capitalise upon the opportunities presented to us by our new Dubai presence and our synergies with Old Mutual Wealth. Their skills, experience and fresh perspective will enhance what is already an exceptionally strong team here in Jersey and help us to grow our international client base, and I am delighted to welcome them on board.”

Quilter Cheviot’s Jersey team operates from its office on The Parade in St Helier, the team manages assets on behalf of private clients, trusts and professional intermediaries in the Channel Islands, the UK and internationally.

Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results.

Photo: Allie, Tim and Myles