Peter Fanconi has moved from Harcourt Investment Consulting to become head of private banking of the fund of fund's parent, Vontobel Group. He is being replaced as chief executive officer at Harcourt by Stephan Fritz, who has been a member of the executive board since 2006 and was most recently responsible for the research department at Harcourt. In his new role, Fanconi becomes a member of the group's executive board and will remain a member of the board of directors of Harcourt.
Harcourt will continue to act independently as a boutique for alternative investment solutions. Vontobel runs a