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 strategies1.
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 UK2. 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.”
1Cazenove Capital’s Sustainable Multi-Asset Fund for Charities reaches £2bn : Cazenove Capital’s Sustainable Multi-Asset Fund for Charities reaches £2bn
2Source: Charity Finance Fund Management Survey – November 2024
ENDS
For further information, please contact:
Estelle Bibby
Head of Marketing and Communications
+44 20 7658 3431
estelle.bibby@cazenovecapital.com
Laura Keeble
Marketing Manager
+44 20 7658 1615
laura.keeble@cazenovecapital.com
Note to Editors
About Wealth Management
As a long-established wealth manager with an absolute focus on preserving and growing our clients’ wealth, what matters most to our clients, matters most to us.
Private individuals, family offices, trusts, institutions and charities all rely on us to provide them with bespoke wealth management services. Skilled in investment management, wealth planning and banking services – we also offer discretionary fund management to external advisers and their clients, and we are the largest charity fund manager by assets under management in the UK.
For two centuries we have helped clients look forward to a successful future. With each client, we plan for the long-term and invest the time to gain a detailed understanding of their unique circumstances, goals and ambitions. The majority of our clients, and many of our own people, work with us for years, decades and even generations. This creates relationships of unusual depth.
Our experience of navigating complex markets and adapting to change helps us balance risk and reward. The investment expertise we call upon as part of Schroders, a truly global asset manager, combined with our long-standing experience of advising clients, is what sets us apart.
Wealth Management office locations
Cazenove Capital: UK and Channel Islands. Schroders Wealth Management: Singapore, Hong Kong and Switzerland.
Schroders Wealth Management, including Cazenove Capital, has £126.8 billion in assets under management globally across all Wealth Management offices (including Benchmark Capital, part of wealth management) as at 30 December 2024.
Further information about Cazenove Capital can be found at www.cazenovecapital.com.
Issued by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroder & Co. Limited. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
When investing, your capital is at risk.
The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested. Cazenove Capital is a trading name of Schroder & Co. Limited. Registered Office at 1 London Wall Place, London EC2Y 5AU. Registered 2280926 England. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. For your security, communications may be recorded or monitored.