LGT Wealth Management, one of the leading wealth managers in the UK, has appointed Ben Palmer as Lead Portfolio Manager for its sustainable service offering designed for financial advisers. Ben joins the Intermediary Investment Services team, headed up by Phoebe Stone, and is responsible for the LGT Wealth Management Sustainable Model Portfolio Service (SMPS) and the Verus sustainable multi-asset fund, both held across 17 platforms.
The award-winning SMPS, comprising five portfolios, has seen significant growth of over £1 billion since its launch in 2018. The team is supported by dedicated sustainable portfolio managers, researchers and analysts, along with LGT Private Banking’s global sustainable investing platform. LGT’s long-standing and holistic dedication to sustainability is core to its business strategy and further strengthens the proposition financial advisers can offer to their clients.
Ben joins from Brooks Macdonald where he was Head of Responsible Investment and co-ordinated investment research, portfolio construction, reporting and communication outputs and driving business development with the adviser community. Ben was named one of Investment Week’s ESG Influencers in 2021.
The expansion of the Intermediary Investment Services team comes at a time when interest in sustainable portfolios continues to rise both locally and internationally. LGT Wealth Management has seen a surge in demand from European and Middle Eastern markets and offers an International SMPS to cater for advisers operating outside the UK.
Ben Palmer, Lead Portfolio Manager, said: “LGT Wealth Management has a fantastic reputation in the industry with strong and committed leadership at the helm. The unique ownership structure of LGT has enabled significant strides both operationally and in their approach to investing, which is particularly inspiring and I am delighted to be part of a forward-looking firm.”
Phoebe Stone, Head of Intermediary Investment Services, commented: “As advisers become increasingly aware of the risk mitigation that sustainable portfolios can provide to their clients, alongside the investment opportunities presented when assessing long-term trends, we are seeing heightened interest in our sustainable portfolios. We are growing rapidly to meet this demand, and Ben’s addition to the team with his strong experience in sustainable and responsible investing will further enhance our sustainable investment proposition.”
LGT Wealth Management UK LLP ("LGT Wealth Management") is a UK-based wealth management partnership which provides a comprehensive range of investment management, wealth planning and private investment office services. LGT Wealth Management employs 473 staff and has offices in London, Bristol, Edinburgh, and Jersey. It is part of LGT, a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 31 December 2022, LGT Wealth Management managed assets of £21.6 billion for wealthy private individuals and institutional clients.
www.lgtwm.com
LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 30 June 2022, LGT managed assets of CHF 284.7 billion (USD 297.4 billion) for wealthy private individuals and institutional clients. LGT employs over 4500 people who work out of more than 20 locations in Europe, Asia, the Americas, Australia and the Middle East.
www.lgt.com
Esther Clark
Head of Marketing
Tel. +44(0) 20 3207 8007
Esther.clark@lgt.com