People Moves

Sciens beefs up fast-growing managed account arm

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Sciens Fund of Funds Management, part of the $5.7 billion Sciens Capital Management group, has promoted Rhian Lloyd to the new position of chief operating officer for its growing managed accounts business.

The firm, which recently acquired the Partners Group’s managed account business, has also hired both James McNeillie and Filippo Brera to the position of legal counsel for the managed account platform.

The appointments follow a recent announcement of the rapid growth in assets under management for the managed account business. Between April 2010 and August 2011, the assets increased by 73% - bringing the total number