Artisan Partners has appointed Pearse Monaghan as a director in the firm’s London-based distribution team.
Monaghan (pictured) will play a leading business development role for the firm in the UK and Ireland, where the group hopes to further develop its existing strong network of institutional and financial intermediary relationships.
Monaghan brings significant experience in the asset management industry to the role, most recently with Nomura Asset Management and HSBC Global Asset Management.
Andrew Marks, managing director and head of EMEA distribution at Artisan, says: “We are delighted to welcome Pearse to the team. His hire reflects our firm’s continued commitment to the UK and Ireland, as well as the positive reaction to our business model and investment capabilities that we experience from investors across the EMEA region.”
As of 31 March 2017, 18 per cent of the firm’s USD103.8 billion in AUM was sourced from clients outside the US, including over USD3.0 billion n in its UCITS fund complex in Ireland. The vast majority of this growth has been sourced from clients in EMEA.