Downing, the dad or mum firm of Downing Crowd, has appointed Tony Stenning, former chief govt of Atlantic Home Group, as its head of liquid options.
Stenning, who beforehand spent 17 years at BlackRock, most just lately as managing director of its UK retail enterprise, will give attention to supporting the general progress of Downing. Whereas he was at BlackRock, Stenning oversaw property below administration progress from $17bn to $150bn. Stenning can be chairman of economic companies membership physique The Investing and Saving Alliance (TISA).
The funding supervisor has additionally employed Huw Worth from Santander Asset Administration as the pinnacle of options structuring. Worth was an govt director on the financial institution accountable for transformation and strategic change.
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“I’m thrilled to be becoming a member of Downing at this thrilling time of progress for the agency. Downing has constructed a powerful platform and repute during the last decade for recognizing alternatives and designing merchandise that actually meet investor wants,” Stenning stated. “I sit up for working with Huw and the crew right here to assist the agency broaden and supply extra alternatives to our investor base.”
Kostas Manolis, head of personal market investments at Downing, added: “We’re delighted to welcome Tony and Huw to the agency. Tony’s vital public markets expertise and his deep information and creativity make him the perfect individual to bolster Downing’s strategic progress, complemented properly by Huw’s vital experience. We sit up for the dear contribution each will convey as we proceed to broaden our capabilities according to consumer demand.”
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