Stenham boosts UK institutional sales

Stenham, a $6bn (€4.5bn) UK wealth manager, has hired a business development manager to market its hedge fund and real estate products to UK institutional clients looking to diversify into alternative investments.

Stenham, which in October signed a non-binding agreement to sell a controlling stake to South African wealth house Peregrine, has recruited John Long as institutional business development manager from Investec Asset Management.

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