Evelyn Partners has appointed a director to head up its centrally managed investment propositions.
Edward Park will take up the chief asset management officer role in April after 15 years at Brooks Macdonald.
He joined Brook Macdonald as a trainee investment manager in 2009, rising through the ranks to become chief investment officer - a role he has held since October 2020.
Park said: "The new role will give me the opportunity to help drive the centrally managed investment propositions, as well as engage with IFA partners.
"Evelyn Partners has a successful, collegiate investment approach which has delivered strong client outcomes. I am looking forward to helping develop the approach in partnership with the broader investment management team.”
Park is expected to have overall accountability for Evelyn Partners' investment offerings including its managed portfolio service strategies.
At the end of 2023 the firm managed £9.9bn of assets in centrally managed propositions which includes its pooled funds ranges.
Paul Geddes, group chief executive, said: "All our investment management services, whether discretionary portfolios, MPS or funds, leverage a rigorous house approach to stock and fund research, the insights of our investment strategy team and a disciplined asset allocation framework.
"As a highly experienced and successful investor, we are excited about Edward joining the team to further enhance our investment proposition.”
This week, Evelyn Partners released a trading update which showed in 2023 its financial services business saw gross inflows of £7.8bn and net inflows of £3.1bn.
In its professional services business, the full year operating income increased to £183.2mn, up from £158.8mn in 2022.
tara.o'connor@ft.com
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