Fulcrum Asset Management has promoted Matthew Wright, Director of Sales and Marketing, to Partner.

Wright has been with the multi-asset boutique since June 2015 and has led the drive to expand the UK wholesale business and international distribution across Europe and Japan among other territories. Wright has 25 years’ experience in the industry including senior roles at Fidelity, UBS and Carmignac.

Wright says: “I am truly honoured and delighted to become a Partner at this pivotal point in Fulcrum’s development. Fulcrum is not a traditional retail asset manager with advertised distribution, rather a professional outsourced asset manager curating bespoke return streams for strategic partners alongside our core UCITS and international fund range.”

“I am extremely proud to work alongside my exceptional international sales and marketing team supported by our superb client reporting team as we take Fulcrum’s message to new markets and develop new business partnerships worldwide.”

Commenting on the promotion, Andrew Stevens, chief executive, Fulcrum Asset Management, says: “I have known and trusted Matthew for fifteen years. Since joining Fulcrum, he has been instrumental in our growth in every sense: attracting new clients, broadening our distribution and helping creative innovative client solutions. We are delighted to welcome him to our Partnership as he helps lead our further expansion.”

Fulcrum has a team of over 70 people including economists, asset class specialists and research analysts.