P R E S S R E L E A S E

26 March 2012

For immediate distribution

INDUSTRY HEAVYWEIGHT BOB CHAMPNEY JOINS PROTEAN INVESTMENTS

FORMER Merrill Lynch veteran Bob Champney has teamed up with investment house Protean Investments.

Champney will help the specialist investment house further develop its uniquely wide range of investor solutions, with particular emphasis on macroeconomic dynamic index funds.

Mike Egerton of Protean says: “Having worked alongside Bob for a number of years, I’m absolutely delighted that we’ve been able to tempt him to join.

“Bob was one of the driving forces and head developer for the Merrill Lynch ELDeRS platform, one of the most successful in the industry.”

Bob’s career has involved a broad range of roles and responsibilities at senior level.

  • Ranked #1 for derivative research 3 years in a row by Extel and Reuters
  • Special advisor to the Treasury Select Committee during its investigation of the split capital investment trust industry
  • Managing Director and head of product development at Merrill Lynch
  • Head of exotic derivative trading at Toronto Dominion

Egerton continues “Given Bob’s considerable experience and skill, Protean now have an unrivalled, independent product capability; the next phase of growth will focus on marketing and distribution.”

Champney will be based in Protean’s New Oxford Street office.

Protean Investments, founded in 2011, exists to deliver the best possible experience of defined, risk-controlledstrategies to UK institutional, discretionary and advisory professionals.

“As a truly independent company, we pride ourselves on our ability to deliver innovative investment solutions across all asset classes with clearly defined risk and reward,” said Egerton.

“We have no bias to any particular platform or provider and ensure investors receive transparent access to wholesale pricing.”

Ends

Press Enquiries

David Andrews, Senior Consultant, DAM PR
07941 255855 / 01273 711567

Clive Moore, Managing Director, Protean Investments

07961 068984 / 01730 233946

Editor’s notes: Protean Investments Partners

Protean is a newly established partnership founded by 3 investment professionals with unrivalled experience in the delivery of structured investment solutions. The partners are:

Michael Egerton

Mike has over 17 years’ experience in financial services during which he has been involved in all aspects of manufacturing and distributing structured products. His career started in the building society sector where he was responsible for fixed income trading, product development and balance sheet risk management. From here he was recruited to the structured product group at Merrill Lynch where he spent seven years before moving to head the UK & Ireland teams at Deutsche, DrKW and ABN AMRO.

Mike has always been at the forefront of new product ideas and platform development. He has a uniquely broad and deep expertise in the underlying derivatives, UK regulatory and taxation environment, and product wrappers.

Clive Moore

As a regular commentator in both the trade and consumer press, Clive is a well-known figure in the investment industry having written numerous articles and guides on structured product strategies.

He has 20 years’ experience in the investment industry and has been responsible for the manufacture and distribution of structured products in a variety of senior roles, latterly within his own consultancy advising both the UK and Offshore professional investment community. Clive’s pragmatic approach to building suitable and astute investment strategies is well respected by clients and counterparties alike.

James Mossman

Jim’s career spans 21 years and within that time he has had extensive experience of the financial services sector. Ranging from financial advisor, business development, discretionary management and investment consultancy, Jim has acquired a wide range of specific market sector knowledge and the practical application of business strategies therein. Having helped to establish the Quilter office in Leeds, Jim spent a short time at Brown Shipley before becoming a founding shareholder in an independent Discretionary Management business in Harrogate (Cardale Asset Management). Positioning the company within the IFA market significantly built assets under management from a start-up business and developed high quality professional relationships amongst the IFA community, discretionary managers as well as product/wrap providers effectively optimised the opportunities for new business in a rapidly evolving marketplace.