CIO of Heartwood Investment Management Noland Carter has stepped down from the role after nearly 12 years at the firm, PA's sister title Investment Week has learned.
Carter (pictured), who was previously the CIO of Rothschild Wealth and Barclays Wealth, was responsible for introducing the firm's multi-asset and sustainable range, and also oversaw the firm's digital reporting functionality. In a letter to investors, seen by Investment Week, Heartwood IM told clients Carter has also been instrumental in making the £4bn AUM firm a "perfect fit" for Handelsbanken UK, which acquired the firm in 2013. He will be replaced in the short term by investment director and head of investment strategy Graham Bishop who serves as acting CIO, according to the lett...
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