Barclays Wealth appoints head of Discretionary Investing
01 February 2011, London
Barclays Wealth announces the appointment of Markus Stadlmann as Managing Director, Head of Discretionary Investing
Barclays Wealth, a leading global wealth manager, today announces the appointment of Markus Stadlmann as Managing Director, Head of Discretionary Investing. In this newly created role, Markus will be responsible for the performance of client assets invested in multi-asset portfolios and funds across Barclays Wealth, and will manage the teams of portfolio investment managers in all locations globally, including the leaders of our multi-manager, absolute return, global fixed income and UK equity solutions. Barclays Wealth offers discretionary and non-discretionary managed portfolio options to clients across the Ultra, High Net Worth, Core, Trustees and Intermediaries client segments.
Together with his teams, Markus will work closely with private bankers, client sales leaders, economists and research specialists, to ensure client needs are met and that enhanced risk adjusted returns are achieved. He will also play an important role in shaping the global investment strategy across the firm and will become a member of the Barclays Wealth Investment Committee.
Before joining Barclays Wealth, Markus was Chief Investment Officer of HQ Trust and member of the Management Committee of Harald Quandt Holding, one of the largest European multi-family offices, based in Frankfurt, New York, Hong Kong and London. Prior to HQ, Markus was Chief Investment Officer at VP Bank, a family-owned bank listed on the SIX Swiss Exchange in Zurich.
Markus will report to Thomas Rostron, Head of Asset Management, who commented:
"Barclays Wealth is placing increasing emphasis on its investment expertise as we seek to protect and grow our clients' assets in an uncertain macro-economic environment. Our investment managers are operating at the nexus between research, asset allocation, portfolio construction and behavioural finance and our discretionary portfolios are the bellwethers of our investment process. Markus will play a crucial role in driving decision making, focusing on process evolution and investment discipline across all discretionary investing teams internationally."
For further information contact:
Will Bowen, Barclays Wealth, Corporate Communications
+44 (0) 20 3134 7744
