Canaccord Genuity Wealth Management (CGWM) has appointed Michel Perera, formerly of JP Morgan Private Bank, to replace outgoing chief investment officer Nigel Cuming, who will retire in May.
In his new role, Perera (pictured) will be responsible for CGWM's central investment process, with a specific focus on asset allocation and stock selection. He will also continue to develop the company's stock screening tool, Quest. Perera spent 19 years at JP Morgan Private Bank, where he was most recently chief investment strategist (EMEA) responsible for running the company's investment strategy, as well as overseeing tactical asset allocation decisions for discretionary portfolios within the region. Five UK DFMs form partnership to educate advisers on outsourcing Meanwhile, ou...
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