As part of a major repositioning, currency asset and liability manager The ECU Group has appointed a number of senior executive and non executive directors, who have also become significant investors in the company.
ECU plans to build upon the success of its 24-year flagship multi-currency liability management programme to include both passive and active currency overlay services.
In addition, ECU has plans to diversify into additional areas that complement the expertise of the management and investment team: global macro advisory, multi-manager selection and asset allocation services.
Antony John, previously chief executive of multi-asset manager BNP Paribas FundQuest, becomes chief executive and Jan Pilkington-Miksa, a former chairman and co-founder of corporate finance adviser Ferghana Partners Group, has been appointed executive director - corporate development. They join veteran currency specialist, Michael Petley, ECU’s founder and chief investment officer.
George Robb (pictured), former chief executive and chairman of Aberdeen Asset Management, has been appointed as non-executive chairman. “I am honoured and excited to become a part of the new era at ECU,” he says. “The capabilities of Michael Petley, one of the world’s most respected currency managers, combined with the skills and experience of the company’s internationally acclaimed investment team, offer huge potential to build a strongly capitalised and diversified business focussed on providing high-level asset allocation solutions and advice.”