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Aberdeen high-flyer joins Liverpool rival

One of the biggest hires in fund management was announced this morning when one of the former top operators in Aberdeen Asset Management’s Asia operations joined a Liverpool rival.

Peter Elston, who was head of Asia Pacific Strategy and Asset Allocation at Aberdeen, joins Seneca Investment Managers as global investment strategist.

This newly created role aims to enhance Seneca’s investment proposition as well as help to build the brand. The appointment is in line with Seneca’s’s “ambitious programme of growth”.

Elston, who in his previous position managed three multi-asset funds, will take a significant role in the asset allocation and regional spread of Seneca Investment Managers’ two multi-asset OEICs, as well as the Seneca Global Income & Growth Trust that the firm also manages.

As well as being a member of Aberdeen’s highly-regarded global multi-asset team, he also sat on the firm’s global strategy committee.

David Warnock, chairman of Seneca Investment Managers, said: “Seneca Investment Managers is committed to becoming a leading name in fund management; this year we embarked on an ambitious programme of growth and we have successfully attracted significant business investment as a result.”

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