Cazenove Capital appoints new Portfolio Director for charities team
Cazenove Capital, the wealth management business of Schroders in the UK, is delighted to announce the appointment of Hugo Ure who joins as Portfolio Director in its charities team.
With almost 20 years of investment experience, Hugo brings valuable expertise to this role. During his time at Troy Asset Management, he held roles including the co-manager of the Trojan Income fund, the manager of the Trojan Ethical Income fund and Head of Responsible Investment. Hugo started his investment career working at Kleinwort Benson.
Hugo will play a key role in supporting the 30-strong Charities team, collaborating closely with existing charity clients, with an emphasis on direct equity and sustainability strategies[1].
Alex Baily, Co-Head of Charities, Cazenove Capital, commented: “We are delighted to welcome Hugo, whose calibre and experience will be a valuable addition to our strong team. This exciting hire highlights our commitment to providing excellent service to our clients and supporting the continued growth of our charities business.”
Cazenove Capital is the largest investment manager of charity assets in the UK.[2]. Our flagship Charity Sustainable Multi-Asset Fund now manages £2.26 billion on behalf of over 450 charities and is the fastest growing charity fund in the UK since 2019. We have been managing the assets for charities in the UK since 1936. Today we manage £12.9 billion on behalf of over 1,700 clients.
Hugo Ure, incoming Portfolio Director charities, Cazenove Capital commented: “I am truly excited to join Cazenove Capital. It is a firm I have admired for many years, renowned for its excellence in sustainability and outstanding client service, and I look forward to contributing to its ongoing success.”
[1] Cazenove Capital’s Sustainable Multi-Asset Fund for Charities reaches £2bn : Cazenove Capital’s Sustainable Multi-Asset Fund for Charities reaches £2bn
[2] Source: Charity Finance Fund Management Survey – November 2024
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