Forsyth moves into Charlotte Square role

Published on Saturday 5 December 2009 13:12

AMANDA Forsyth, a former investor relations director at Standard Life, has been hired by boutique asset management business, Charlotte Square.

Forsyth has spent the past three years as investment director at Adam & Co, the private banking arm of Royal Bank of Scotland. She takes up her new role as investment manager at Charlotte Square in the new year. "It is a lot different to what I am used to, very much smaller, but I'm looking forward to it," she said.

She left Standard Life in 2006 ahead of the flotation, having worked previously with Standard Life Investments.

Charlotte Square, founded just six years ago, offers private fund management as well as corporate pension support and is part of private client investment management firm Raymond James Investment Services, the UK subsidiary of Raymond James Financial Inc, one of the ten biggest investment services companies in the United States with 1.4 million client accounts worldwide and more than $170 billion of assets under control.

The investment team at Charlotte Square, made up of former directors and managers from Rathbones, Gartmore and Lazards, is led by William Forsyth (no relation), formerly investment director at Rathbones Investment Management Group.

Forsyth set up Stanecastle Assets and Kinsman Assurance. Another of his start-ups, Edinburgh Money Management, merged with Neilson Cobbold, which was taken over by Rathbones to bulk up its Edinburgh operation in 1997.

At Charlotte he joined former Rathbones colleague, Edmund Clarke, and Colin Abraham, who was at Scottish Equitable.

The firm's opening was regarded as another spur to the renaissance of Charlotte Square as a hub for Edinburgh's fund management community.