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Sarasin & Partners names new head of private clients
Sarasin & Partners names new head of private clients

Yahoo

time2 days ago

  • Business
  • Yahoo

Sarasin & Partners names new head of private clients

Uk-based investment management firm Sarasin & Partners has named Tom Vernon as the new head of the Private Clients team. Vernon, who has been with Sarasin & Partners since 2006, will replace Jamie Black, who has served in the role for over two decades. Meanwhile, Jamie Black will continue to serve as a senior partner at Sarasin & Partners, managing his established client relationships. He will also maintain his position as a director of Sarasin Asset Management, the firm's subsidiary focused on managing investment portfolios for US-based clients. Having joined the firm shortly after his graduation from the University of Bristol in 2006, Vernon has been managing a broad spectrum of client portfolios, including those of UK and international private clients and charities. He is also part of the firm's Investment Strategy Group, which manages Sarasin & Partners' long term thematic investment strategy. In his new role, Vernon will oversee the management of £4.9bn in assets for over 850 clients. Vernon said: 'We have long prided ourselves on building enduring relationships with our clients, rooted in trust, transparency and investment insight. I look forward to the opportunity to lead the team in continuing this work and delivering the outcomes our clients value most.' Sarasin & Partners managing partner Guy Matthews said: 'Tom's appointment reflects the depth of talent and expertise within our Private Client team. Since joining nearly two decades ago, he has played a key role in developing our client relationships and shaping our long-term investment thinking. 'Jamie's steady leadership and deep commitment to our clients has been instrumental in the team's growth and success. He will continue to play a vital role in the business, both as a partner and in his ongoing leadership of our service for US clients.' "Sarasin & Partners names new head of private clients " was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Starmer Backs Reeves After Tears Prompt Selloff, Trump Tax Bill Latest
Starmer Backs Reeves After Tears Prompt Selloff, Trump Tax Bill Latest

Bloomberg

time03-07-2025

  • Business
  • Bloomberg

Starmer Backs Reeves After Tears Prompt Selloff, Trump Tax Bill Latest

UK markets rebounded from a sharp selloff as Prime Minister Keir Starmer sought to calm speculation about a possible exit by Chancellor of the Exchequer Rachel Reeves by saying she will stay in the role for many years to come. In a BBC interview late Wednesday, Starmer gave Reeves his full backing. 'She and I work together, we think together,' he said, adding, 'We're in lockstep.' In US politics, House Republicans overcame a critical procedural hurdle to advance President Donald Trump's massive tax and spending package early Thursday, holding a key vote open for hours past midnight as the president and his allies worked to win them over. Today's guests: Subitha Subramaniam, Sarasin & Partners Head of Investment Strategy, Rajaa Mekouar, Calista Direct Investors CEO, Eileen Burbidge, Passion Capital Founding Partner & Fertifa Executive Director, Andrea Illy, Illycaffe Chairman (Source: Bloomberg)

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