Kevin Doran, formerly CIO of Brown Shipley, has partnered with Shahid Chaudhri of Host Capital to launch a discretionary investment management business that aims to shake up the industry by offering "active performance at a passive price".
Doran left his role at Brown Shipley in March 2016 to become group head of research at parent firm KBL European Private Bankers, but quit just three months later to take a sabbatical. Meanwhile, Chaudhri, who has a 30-year career in investment and risk management under his belt, has been at ACD Host Capital for three years. Chaudhri will become CIO at the new business, while Doran will take on the role of chief executive. The venture will be called Alphabet Investment Partners, subject to regulatory approvals, while Host Capital will be the parent company. In addition, Matt Brennan...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
