Altum appoints group chair

by Silvia Saccardi 28 February 2023

Jersey-based fund, corporate and family office administration business Altum has appointed Baroness Helena Morrissey as group chair.

Morrissey has 15 years of experience from Newton Investment Management, where she was CEO, and was previously chair of the Investment Association from 2014 to 2017.

The Baroness’s work on diversity and inclusion is reflected in her founding the 30% Club in 2010, which promotes better gender-balanced boards. She also chairs the Diversity Project, aimed at improving diversity in the investment industry.

Her achievements include joining the House of Lords in September 2020 and being appointed a Dame in 2017 for her contributions to improving diversity in finance.

In addition, she has authored two books, A Good Time to be a Girl (2018) and Style and Substance: a Career Guide for Women who want to Win at Work (2021).

On her appointment, Baroness Morrissey commented: “I am greatly impressed by what the company is doing to set a higher, more personalised standard of service for funds, corporates and family offices, and I’m looking forward to helping the business grow further. It’s also exciting to be joining a firm with both a dynamic female CEO in Zena Couppey, and 67% female staff.”

Couppey added: "Helena’s work championing diversity in the sector aligns with our own beliefs, culture and values. We are fortunate to be able to call upon her expertise to support the ongoing work of the Altum board.”

Altum is a fund administration service provider for funds and family offices, and works across three jurisdictions, with its headquarters in Jersey.

Categories: PeopleHuman CapitalPeople movesOutsourcingFund administrationRegs & ComplianceDomicileReporting & Transparency Accounting standardsReporting software

27 November 2023

Profile: Martim Avillez, Limerston Capital

The COO and founding partner discusses setting up the firm’s operations, combining them with his investment duties and navigating difficult times

29 November 2023

Kroll launches risk assessment tool

Offering includes portfolio monitoring and diligence, streamlined data collection and benchmarking

29 November 2023

SDR policy launched

The FCA is introducing an anti-greenwashing rule, four product labels and marketing requirements for investment funds

28 November 2023

Luxembourg’s private debt industry expands

According to a KPMG survey, AUM grew by 51% during the last year; changes in fund vehicles but LP base largely unchanged

28 November 2023

Bite Investments launches wealth management feature

Company’s platform to connect asset managers with wealth managers to facilitate fundraising

28 November 2023

Carbon Accounting Alliance launches

Group of 35 organisations represents emissions of 24,000 companies