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ONSIDE NEWS
David Thomas joins Seneca Investment
Managers as CEO
S
eneca Investment Managers has appointed David
Thomas as Director and Chief Executive Officer
(subject to FCA approval) and promoted Peter Elston
to Chief Investment Officer.
David Thomas joins from Momentum Global Investment
Management, where he was head of the UK Retail business,
global client services and marketing. He was tasked with the
implementation of the long-term strategy for the UK retail
market and was responsible for initiating and exploring
acquisition opportunities.
Peter Elston, who joined Seneca IM in November last year
as Global Investment Strategist, having formerly been Head
of Asia Pacific Strategy and Asset Allocation at Aberdeen
Asset Management, steps up to the role of Chief Investment
Officer.
Since joining Seneca IM Elston has deployed his skills and
experience to further strengthen the investment process
and has played a significant role in the asset allocation and
regional spread of the two Seneca IM multi-asset OEICs and
the Seneca Global Income & Growth Trust plc.
Ian Currie, Chairman of Seneca IM commented:
“We are delighted that Seneca IM will benefit from such tremendous
strength and experience with the appointment of David as CEO and
Peter’s promotion to CIO. Seneca IM is committed to becoming a leading
name in fund management, and David will provide leadership and
positioning for the business. Peter’s promotion to CIO acknowledges the
leading role he plays in the Seneca investment proposition. Peter will be at
the centre of our aim to preserve and extend investors’ hard earned capital
and his wealth of experience has already enabled us to further strengthen
our investment process.”
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