Industry Updates

Matrix appoints Angus Woolhouse as CEO of asset management division

Monday, November 29, 2010

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Opalesque Industry Update - Matrix Group, the privately owned financial services business, announced the appointment of Angus Woolhouse as CEO of its Asset Management division.

Angus Woolhouse was most recently Head of Global Institutional Business at Gartmore, where he was responsible for the sales, marketing and distribution of Gartmore’s product range to leading Institutions around the world. Prior to Gartmore, he was Group Marketing and Product Development Director at INVESCO UK, where he was responsible for marketing and product strategy across all of the company’s distribution channels. Prior to INVESCO, Angus held a number of senior marketing positions at HSBC Asset Management where he was General Manager, Commercial Development for Asia Pacific based in Hong Kong.

Angus has extensive UK and international financial services sales and marketing experience covering both retail and institutional investors.

Matrix has a diverse asset management offering which serves a wide client base ranging from institutions through to professionals who service individual clients. The division’s extensive product range is constantly developing to maintain a broad and innovative offering including Funds of Funds, Hedge Funds, UCITS Funds, Cash Funds, Private Equity & VCTs and Specialised Finance. With a team of 85 within this division and AUM across Matrix now at £4 billion, this key appointment is an important step in driving forward the asset management business at Matrix. Angus will join Matrix on 1st December 2010.

Chris Merry, CEO of Matrix Group, said:

“I am delighted to welcome Angus into this important new role at Matrix. His outstanding credentials will ensure that we continue to focus on distributing innovative products to a broad range of clients supported by a high quality infrastructure as we enter the next phase of our growth strategy.”

(press release)

About Matrix Group:
Matrix Group is one of the most successful privately owned financial services businesses in the UK with £4 billion of assets under management and around 250 professionals employed across three divisions: Asset Management, Investment Banking and Property. Since inception in 1987, Matrix has raised over £14 billion of assets for investments across these business areas. Angus Woolhouse as CEO of the Asset Management division, Malcolm Le May as CEO of the Investment Banking division and Rob Randall as Chairman of the Property division, all report to Chris Merry, CEO of Matrix Group.

- FG

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