Neptune Investment Management has decided not to go ahead with plans to launch a wealth management arm, as Matt Butcher has left his role, a year after joining to head up the division.
Wealth management assets climb £49bn in a year
Held roles at UBS Wealth Management and PwC
Both have over two decades of experience
Managed around £80m for 3,000 customers
Reports record net discretionary inflows
'Full-on fund hosting solution'