RWC has appointed Matteo Cianfoni and Roderick Loffler to its sales team to bolster resources in Italy and the UK.
Cianfoni, who will join RWC in August, was responsible for Italian sales at GLG for almost five years having previously worked at Morgan Stanley in the equity derivatives division.
Loffler has been at RWC for three years and joins the sales team from his previous role within client services.
In addition, RWC recently hired Jillian Smythe and Flora Summerfield. Smythe worked at Plurimi Capital having spent more than four years at Bank of America Merrill Lynch in Prime Brokerage. Summerfield joins having gained significant experience at global consultants Cardano and Aon Hewitt and will support client services for the Institutional market.
James Tollemache, head of sales at RWC, says: “Over the last 18 months, RWC’s assets have doubled to just under GBP6bn today, with much of this growth coming from our discretionary and advisory clients within the UK and Europe. Supported by a more constructive equity market, our strategies have become increasingly relevant as assets flow to active managers who have entirely unconstrained approaches. It is imperative to us that we continue to deliver differentiated and interesting investment funds, where our investment teams and clients are supported by the highest quality marketing and infrastructure.
“We launched our Global Enhanced Dividend Fund a month ago which raised over USD100m in its first week reflecting the demand for income strategies within the equity space. Our offering is somewhat unique in that it has an approach that offers investors relatively low volatility (versus the global equity indices) with an enhanced yield of about six per cent. There is still huge demand for income within the UK market and we are seeing this demand filter out across Europe as fixed income assets become increasingly risky.”