London-based Cazenove Capital, which encapsulates Schroders’ UK wealth management business, has released to thewealthnet further details about its regional expansion plans, as well as announcing five senior hires to support the process.

Cazenove intends to open a new office in Manchester during the first quarter of 2021 and to establish a local presence in Bristol, Birmingham and Leeds thereafter.

It has recruited Simon Pearson from UBS to head the Manchester facility which will focus its coverage on northwest England along with Mark Mace, Simon Livesey and Richard Walker, who also join from the Switzerl...