Walker Crips, the UK-based wealth and investment manager, has launched Walker Cambria, a new brand to offer services designed for the Welsh market.

The office will be located in Swansea and be headed up by Andrew Morgan and Gary Waite, both formerly of BlackRock.

Rodney FitzGerald, chief executive, said: "Walker Crips recognise that the Welsh market is different from that of the rest of the UK owing to the growing local prominence of intermediaries. The Walker Cambria brand will provide the platform for us to extend our highly tailored services to the investment intermediary community of Wales."