Close Brothers appoints Giles Parkinson as Managing Director

10/15/2021

Parkinson appointed by Close Brothers to replace Riitta Hujanen who leaves after almost a decade with its Funds team

Photo: Giles Parkinson joins Close Brothers Asset Management
Photo: Giles Parkinson joins Close Brothers Asset Management

October 15, 2021 -- Close Brothers Asset Management (CBAM) has appointed Giles Parkinson as Global Funds, Managing Director. Reporting into Robert Alster, CIO, he will be taking over responsibility of managing all of the funds currently managed by outgoing Head of Funds, Riitta Hujanen and helping to enhance the firm's overall investment proposition.

Giles will be working with the wider fund team including Richard Stroud, Henry Frewer and Katherine Wildey across all of the funds.

Giles joins from Aviva Investors, where he has spent the past six years and launched the Aviva Investors Global Equity Endurance fund. Giles has a first-class history degree from Durham University, an MPhil from Cambridge University and holds a CFA charter and certificate in ESG investing.

 Photo: Close Brothers are a leading institutional financial advisory and investment management firm
Photo: Close Brothers are a leading institutional financial advisory and investment management firm

Robert Alster, Chief Investment Officer of Close Brothers Asset Management, said: 

"Giles has significant experience in delivering fund portfolios with excellent performance, and his skills and expertise make him an ideal fit for our team.

"Our funds are extremely important and it remains a strategic imperative to continue to broaden and deepen our fund range. Giles will continue Riitta's excellent work in developing the growth of our funds team and I am confident that clients and advisers alike will be as excited as we are about Giles' appointment.

"Riitta has made a great contribution to our clients and the business during her time at CBAM, and we are grateful that she is remaining with us in the short-term to oversee the handover. We wish her the best of luck in her future ventures." 

About Close Brothers Asset Management

Close Brothers Asset Management provides a full range of advice, investment management and self-directed services to private clients and professional advisers. The business operates out of offices in London, Bristol, Chester, Manchester, Gatwick, Newcastle, Midlands, Farnham, Northwich, Edinburgh and Glasgow.

Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services, and securities trading. We employ over 3,700 people, principally in the UK. Close Brothers Group plc is listed on the London Stock Exchange and is a member of the FTSE 250.