AllianceBernstein (AB) has appointed Lee Matthews from Aberdeen Standard Investments to serve as its new director for UK sales.
Based in London, Matthews will serve the UK wholesale market and will initially focus on the discretionary channel.
He will report to the firm’s head of global financial institutions Jose Cosio in the new role.
At Aberdeen, Matthews served as the senior business development manager with responsibility for growing and retaining assets through the discretionary channel.
“The UK wholesale space forms a key component of AB’s strategic expansion into the European intermediary market. Clients expect asset managers to offer increasingly high levels of customisation and transparency when it comes to selecting products and capabilities. With an expanded UK sales team in London and a newly launched online portal, we are well placed to provide a more tailored service to the UK’s discretionary and sub-advisory channels,” Cosio noted.