KIRKBY Lonsdale-based Border Asset Management is poised to continue going for growth following the appointment of Charles Cohen as an investment manager and strategist.
Mr Cohen, 43, joined the firm after 12 years at UBS Warburg, where he was an executive director and worked in London, Geneva and Singapore. He previously worked at Casenove.
The company said the appointment was in line with its continued development as a specialist provider of investment portfolio services for individuals, family trusts, charities and pension funds.
Border Asset Management is one of the country's top ten fastest-growing asset managers over five years.
"Border has again increased funds under management this year, in spite of the poor market conditions," said managing director Mark Arkwright.
"I am delighted that we have been able to recruit Charles, with his wealth of experience and market knowledge.
"With an additional investment manager, Border can continue its expansion strategy and still maintain the quality of its services that result from having a high manager to client ratio.
"While other firms appear to be centralising their services, Border feels there is an increasing demand for personal wealth management."
l Peter Sleigh has been appointed as business development director for the Royal Bank of Scotland in Cumbria and Lancashire.
He will lead a team of business development managers responsible for attracting new business to the bank throughout the area.
Mr Sleigh brings a wealth of experience to the role, having served with the bank for 14 years across various commercial offices in the North West, mostly in Lancashire.
Married with one daughter, he has a BSc Hons degree and is an associate of the Chartered Institute of Bankers.
Richard Topliss, regional director of commercial banking in the region, said Mr Sleigh's appointment reaffirmed "our commitment to support local business growth."
February 6, 2003 10:30
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