Investment and technology specialist Redington has expanded its offering for the UK wealth market with two senior hires to its Global Assets team. Tara Gillespie has returned to Redington in a new role as Head of Global Assets, and Laura Bampfylde has joined as Director. The appointments follow that of ex-Vanguard executive director Nick Blake, who joined Redington as Managing Director – Wealth in March 2021.
Tara joined Redington from Artemis Investment Management where she was an Institutional Director. Prior to this, she spent seven years within Redington’s Investment Consultancy team, advising a range of clients on areas such as asset allocation, responsible investment and fund selection. Within her new role she will be responsible for leading the Global Assets team and growing the firm’s advisory business across key strategic growth areas both within the UK and internationally.
Laura joined Redington from JP Morgan Private Bank, where she served as Vice President for International Funds Product Management. Prior to this, she spent eight years at HSBC Asset Management, where she led UK Strategic Partnerships and was latterly seconded to run the firm’s first FCA Value Assessment project, having first gained retail investing experience at Hargreaves Lansdown.
The Global Assets team provides bespoke investment research and advice to wealth managers, endowments, foundations, charities, family offices and sovereign wealth funds across the world. Its expansion reflects the firm’s growing presence in the wealth market, providing wholesale and retail clients with access to strategies, products and pricing more traditionally reserved for institutional investors.
Central to Redington’s growth in the wealth market is its focus on getting the best outcomes for savers whether that be through portfolio construction, best-in-class fund research or sustainable investment advice.
It also provides access to integrated technology solutions via Ada Fintech, its proprietary Research Management System. Designed in collaboration with fund selectors and technologists, Ada Fintech provides a holistic portfolio management, research and governance solution aimed at helping investment teams and wealth managers make smart investment decisions for their clients.
Driven by trends such as increased levels of M&A and the need for more centralised investment propositions, Redington is seeing an increasing interest from in-house investment teams across the UK wealth space for access to this market-leading software as well as institutional-grade investment strategy, portfolio construction and fund selection support.
Tara Gillespie, Head of Global Assets, commented: “I’m delighted to be re-joining Redington in this exciting development phase.
“By bringing our commercial scale and dedicated manager research team as well as our proprietary risk analytics, cutting-edge technology and leading sustainable investment research to the wealth market, we believe we can support a broader set of investors in growing their existing propositions and helping end-savers achieve their objectives without exposing them to unnecessary risk.”
Pete Drewienkiewicz, CIO Global Assets at Redington, commented: “For too long, certain products, strategies, terms and pricing have only been the preserve of big asset owners. Our aim is to remove those barriers, increasing the opportunity set available to all investors.
“In Tara, Nick and Laura we have three seasoned executives whose decades of experience will be hugely valuable as we look to continue to develop our footprint in this space, reaching further into both the UK and more global markets.”
Note to editors
Nick Blake, Managing Director – Wealth
Nick joined Redington from QDM Consulting where he was a director. Prior to this, he spent 10 years at Vanguard in a number of executive roles, including Head of Personal Investing, and served on its board of directors. He also spent over 20 years at Standard Life Assurance where he was a founding member of the Standard Life Savings Ltd Executive team responsible for the formation of SLA’s platform businesses.