The latest moves and appointments in wealth management roles in the UK, the rest of Europe, the Middle East and other select locations. 

Calculus
Calculus, a provider of tax-efficient investments, appointed Elizabeth Klein as investment director, starting this week.

Klein is a seasoned investment management, direct investment, and deal origination expert, the firm said in a statement. She will help lead Calculus with its strategy to build diversified portfolios, using her network and relationships to generate deal flow, predominantly in the life sciences sector. 

Klein brings a wealth of experience to the role having advised C-suite level executives in several organisations on their investment and funding strategies and has helped them to build transformational relationships with the UK life sciences community.

John Glencross, CEO and founder of Calculus, said: “Her breadth of knowledge, agility, and impressive network will undoubtedly be a key factor to our success in the coming months as we strive to help smaller, entrepreneurial growth companies scale-up, as well as creating value for our investors.”

“While the current economic climate remains broadly uncertain, the recent endorsement of the sector from the government will enable Venture Capital Trusts and Enterprise Investment Schemes to remain as one of the most tax-efficient, attractive solutions for those wishing to invest in UK businesses,” he added.
 
Klein, who has joined from Klein-Edmonds Associates, which she founded in 2015, has experience in portfolio management, bringing a commercial mindset to small business strategy, the firm said.
 
Her career spans equity research and investment analysis, and her client base includes – amongst others – Radnor Capital Partners, Grant Thornton, and the Bio-Industry Association.
 
Klein added: “In recent months, the firm has launched a series of new and competitive VCT and EIS offers to clients. This, coupled with the government’s stamp of approval for the continuation of the schemes, will mean a very busy time ahead for the company.”
 
Over the last two months, Calculus has launched a new VCT top-up offer, which offers investors access to a diversified portfolio of UK companies across the fast-growing sectors of technology, healthcare, and entertainment as well as a new HMRC-approved Knowledge Intensive EIS Fund. This new fund gives investors the opportunity to support early-stage innovative UK companies with a societal purpose and impact. At least 80 per cent of the fund’s capital will be invested in businesses carrying out research and development to create new intellectual property.

CG Asset Management
CG Asset Management has appointed Clemmie Vaughan as a non-executive director on the Board, starting immediately.
 
Vaughan has an asset management track record of investing globally across equities, bonds, real estate, digital currencies, credit, and gold, the firm said in a statement. She spent 17 years with Ruffer, most recently as chief executive officer and partner at the firm. She is a former NED of Electric and General Investment Fund, an OEIC invested in an international portfolio of companies.
 
Vaughan said: “CG Asset Management is a business I have long admired. It has a strong and successful investment philosophy, and I am thrilled to have been asked to serve as a non-executive director and chair-elect. I look forward to joining the board at what is a very exciting time for the CGAM business.”
 
Welcoming her to the firm, Alastair Laing, CEO of CG Asset Management added: “Clemmie Vaughan is joining at an exciting inflexion point in CGAM’s story. Her depth of experience across the investment and non-investment universe makes her uniquely qualified to help guide us through this period of growth for our business.”
 
CGAM , which was founded in 2001, manages ÂŁ4 billion ($4.61 billion) in AUM across absolute return and real return strategies. Capital preservation and superior long-term performance is at the heart of the investment process. The firm is owned via an Employee Ownership Trust and all portfolio managers are significant shareholders and fund investors, which ensures interests are directly aligned with clients. CGAM continuously strives to lower fees, even on closed funds, to protect investors.

Withers
International law firm, Withers has appointed new partner Nicolette Bostock. She is based in London. Bostock is joining the firm from immigration boutique Laura Devine Immigration.

Bostock advises on issues relating to international movement. She has worked with private individuals, multinational organisations, brands and family offices.