Adrian Swales has quit as investment chief at Close Asset Management, part of UK-listed investment banking boutique Close Brothers, which looks after assets approaching £9bn.

Swales, a former investment consultant, confirmed his departure but refused to comment on his likely destination. A Close Asset Management spokeswoman confirmed he had left the company, although Swales said his departure would not be formalised until April 17. A replacement has not yet been confirmed.

The head of £9bn Close Asset Management will leave the group in April, Financial News has learnt

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Swales quits Close as investment chief

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