Andrew Ward (left) and Charles Ferraz (right) have joined the Group of Boutique Asset Managers (GBAM), a collection of specialist asset management firms aiming to improve their international presence.
GBAM consists of asset management firms that offer a limited range of products, have “a close relationship with clients and a relatively flat organisational structure”, the group explains.
Ward has more than a decade of industry experience, and currently serves as CEO of Edinburgh- and London-based asset management firm Aubrey Capital Management.
Prior to this, he was chief of staff and head of the institutional relationship management team at Stewart Investors.
Ferraz is currently CEO of Itaú Asset Management, based in New York. He has more than 15 years of experience in the asset management space, holding a number of senior positions at Itaú in both the US and Brazil.
Tim Warrington, chairman of GBAM, comments: "[Ward and Ferraz’] expertise and proven success across multiple geographies will undoubtedly enhance our community's collaborative spirit and innovation. We look forward to their valuable contributions to our group."
