Fairstone sees portfolio management changes ahead of acquisition

Mark Woods to return to Watermark Wealth Management

Victoria McKeever
clock • 1 min read

Fairstone has hired fund manager Alex Odd as portfolio manager, as investment strategy officer Mark Woods steps down to return to Watermark Wealth Management before it is acquired by the firm in 2018.

Odd (pictured) will take on joint ownership of the group's portfolio management alongside Oliver Stone, who has been promoted from Fairstone group head of research after five years with the firm. Investment strategy officer Mark Woods will be stepping down from his current role to return to Watermark Wealth Management as it gears up for acquisition by Fairstone in 2018. This coincides with the appointments of Odd and Stone, who will take on the combined responsibilities with effect from 1 December. Odd left M&G after eight years to set up his own firm, Odd Asset Management, in 2014. P...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

PA Awards 2025: Provider shortlists revealed!

PA Awards 2025: Provider shortlists revealed!

Recognising the best in multi-asset and MPS investing, paraplanning, Consumer Duty, and more...

Professional Adviser
clock 27 November 2024 • 2 min read
Consumer Duty Alliance to launch international arm for expats

Consumer Duty Alliance to launch international arm for expats

The alliance to be chaired by Chartered financial practitioner Jane Hodges

Sahar Nazir
clock 27 November 2024 • 2 min read
FSCS places West Yorkshire-based investment advice firm in default

FSCS places West Yorkshire-based investment advice firm in default

FCA revoked its authorisation in September 2023

Sahar Nazir
clock 26 November 2024 • 1 min read