HSBC GAM appoints Rudd as head of wholesale UK

Follows Reid's departure

HSBC Global Asset Management has appointed Dan Rudd as head of wholesale, UK, effective from April.

He is currently head of HSBC Global Asset Management, MENA wholesale, and will relocate to the UK to take up the new role. He will report to the group's UK CEO Andy Clark (pictured). His appointment comes a month after Royal London Asset Management (RLAM) hired former HSBC GAM head of wholesale, Phil Reid, to head up its own wholesale division. In his new role, Rudd will be responsible for expanding the wholesale business and growing the advisory proposition, leading a ten-strong team based across the UK. Rudd joined HSBC Global Asset Management in 2005 as head of global life. Prio...