Macquarie Asset Management expands private wealth capabilities with senior appointment

Macquarie Asset Management has announced the appointment of Henry Middleton as a Managing Director and Head of Wealth Distribution for Europe, the Middle East, Africa and Asia.

The newly created role reflects the growing interest of wealth management clients in Macquarie Asset Management’s global suite of actively managed equities, credit, multi-asset, infrastructure, green investment, real estate, agriculture and natural assets strategies. Based in London, Henry will work closely with Macquarie Asset Management’s global network of wealth management partners to meet the evolving expectations of this fast-growing client segment.

Henry joins Macquarie Asset Management after 12-years at Barings, where he most recently led its US institutional and global wealth distribution activities. Prior to this, Henry held senior wealth management and client relationship roles at international asset management and consulting firms, including BlackRock and Accenture in the US and UK.

Adam Lygoe, Macquarie Asset Management’s Head of Institutional and International Wealth Distribution, said: “The wealth management market will be a key pillar of our future growth. These clients increasingly recognise that securing a meaningful exposure to alternative assets is central to diversifying their portfolios. We know we can meet this demand and Henry’s deep understanding of the market will be invaluable as we embark on this exciting stage of our expansion.”   

Macquarie Asset Management has established broad relationships especially with wealth management franchises in Australia and the US, built on its diverse range of investment capabilities. With the client segment seeking greater access to alternative asset classes to diversify portfolios, Macquarie Asset Management expects global wealth channels to contribute an increasing amount of capital towards its Private Markets platforms over the coming years.