Allfunds Bank (AFB) UK has hired Chetan Modi as a senior fund analyst to further bolster the firm's UK operations.
The move by AFB represents a refocusing of the investment research capability in London, particularly in light of the changing UK market following the Retail Distribution Review.
“Funds research is playing an increasingly important role in our offer in the UK particularly given the increasing desire by wealth managers to seek out the best funds for their clients,” said Stephen Mohan, head of UK operations at AFB. “I’m therefore delighted that we have been able to bring in Modi to join our investment research team in London.”
Modi joins Mark Hinton, Anais Gfeller and Will Jackson, who were recruited over the past 24 months from Kleinwort Benson, Lombard Odier and Last Word Media respectively. Their recruitment brings the AFB Investment Research Team worldwide up to 14, with 5 researchers in London and a further 9 in Madrid.
Previously Modi was a fund analyst covering US, UK and global emerging markets equity funds at Morningstar OBSR.