Dubai- Coutts today announces the appointment of Arne Hassel as Head of Investments, effective April 2014. Based in London, Arne will report to Ian Ewart, Head of Products, Services & Marketing. At Coutts, Arne will lead the international investment teams in Edinburgh, Hong Kong, London, Mumbai, Singapore and Zurich.
Arne has over 25 years' investment experience, spanning senior roles in banks, asset management companies, hedge funds and pension funds. Most recently he was Co-Head Multi-Asset Allocation at the Universities Superannuation Scheme (USS) in London, one of the UK's largest pension schemes with assets around £40bn, where he was responsible for tactical asset allocation and advised the trustees on strategic asset allocation.
Prior to this, Arne was Head of Global Tactical Asset Allocation and Multi-Strategy at Millennium Global Investments. He also worked at Goldman Sachs Asset Management as Head of Global Currency Management and as Head of the Hedge Fund Strategies Group in Europe and Asia.
Arne will take over from Gayle Schumacher, currently Head of Investment Office, who is appointed to a new role as Managing Director, Future Proposition Design. Gayle will leverage her investment expertise to support the international development and future delivery of Coutts' investment and advice propositions. She will ensure a smooth handover of the leadership of Investments to Arne.
Ian Ewart comments: "I am delighted to welcome Arne to Coutts. I am certain his experience and knowledge will be key to capitalising on the excellent foundations of our enhanced investment proposition, which we have built over the past three years, to better meet the evolving needs of our clients."
Ewart added: "I would like to acknowledge Gayle's outstanding contribution to our money management over the years and am pleased she has agreed to work with me on this exciting agenda, which is the design of the future propositions for Coutts, as we continue to develop an exceptional service."
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For further information please contact:
Randa Mazzawi, Borouj Consulting
T: +971 4 3403005
M: +971 50 4506120
E: randa@boroujconsulting.com
Mayssa Makhlouf, Borouj Consulting
T: +971 4 3403005
M: +971 55 9479075
E: mayssa@boroujconsulting.com
About Coutts
Coutts is a private bank and a wealth manager with three centuries of experience, providing customised solutions for its clients. These include investment, trust and tax services. Headquartered in London, Coutts is the Wealth division of Royal Bank of Scotland Group, connecting with clients from over 40 offices in key financial centres in the UK, Switzerland, the Middle East and Asia. For further information please visit coutts.com
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© Press Release 2014
