Psigma Investment Management has named Nick Lacey as new business development director.

Based in London, Lacey will report to Frank McGarry, director of business development and marketing.

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McGarry said that Lacey’s move will expand the firm’s sales team.

Lacey has joined Psigma from Quilter Cheviot asset management where he was responsible for developing their full IFA proposition since 2011.

Prior to this, he has also worked on the HNW international desk for Barclays Wealth and spent six years in Shanghai at a boutique private client managing and servicing European expatriates.

"Nick’s experience in the adviser market is highly valuable to us as we continue to grow our business. He joins a great team and will work with advisers who understand the benefits of multi-asset investing and expect excellent service," McGarry added.

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