Avellemy has appointed Alena Kosava as head of collectives.
Ms Kosava joins the UK asset manager following seven years at Tilney Smith & Williamson.
As Head of Collectives, she will be responsible for developing Avellemy’s in-house fund research capabilities, taking direct oversight of the quantitative and qualitative due diligence processes for collective investment vehicles, including open-ended, closed-ended, ETFs, active and passive.
In her new role, Ms Kosava will also be part of the senior management team that is responsible for asset class and portfolio construction for Avellemy Model Portfolio Service and the OEIC range. She will report directly to Steven Lloyd, investment director.
In her previous role at Tilney Smith & Williamson, she was a director within the multi-asset central investment office, holding responsibility for the selection of equity and alternative strategies across a range of model portfolios and multi-asset fund of fund strategies, covering £8bn in assets.
She also maintained the buy-list of funds for the wider business, including discretionary investment managers, investment advisory and execution only clients.
Her broader expertise encompasses a range of asset classes and investment instruments, including actively managed funds, investment trusts, passive vehicles and structured products.
Prior to Tilney, Ms Kosava spent two years at SunGard Asset Management as a research analyst.
Commenting on the appointment, Mr Lloyd said: “We are pleased to welcome Alena to our fast-growing in-house team of fund research experts. Alena’s deep understanding of the market will be highly valuable in developing our offering of robust investment products for our clients.Alena joins at an important point of our growth story, as we look toward expanding our services to third parties. We look forward to working closely with Alena to develop our proposition and deliver the innovative solutions that our clients need.”
Avellemy has delivered rapid growth over the past 12 months, adding 3,300 clients and £634 million in assets under management (AuM) in 2020. It is now responsible for approximately £1.9 billion AuM.
