Nickel Digital adds two senior hires to London team
24/11/2020 - 10:31am
Nickel Digital Asset Management has appointed Fiona King, as Managing Director, Institutional Sales, and James Drace-Francis, as Senior Advisor.
King and Drace-Francis, working full-time from Nickel’s London office, will be responsible for the development of the firm's franchise and distribution of investment strategies to institutional asset allocators worldwide.
King and Drace-Francis bring a total of almost 50 years’ of financial services experience. King held senior positions at Lumyna Investments and Bank of America marketing their UCITS platform and prior to this was Head of Global Sales for UCITS at Rothschild Asset Management. Before this she was at Thames River Capital and at Aurum Funds. KIng started her career at HSBC. Frace-Francis brings extensive private and investment banking experience from institutions including JPMorgan, UBS, Swiss Re and Kleinwort Benson. James qualified as a Chartered Accountant with Arthur Andersen and is a Fellow of the ICAEW.
King says: “I’m delighted to have joined Nickel, working in a rapidly developing sector at a time of incredible change in the industry. The Nickel team is extremely strong, and the offering is simply world-leading. My clients have been looking at this asset class and it's great to be able to offer them institutional-grade solutions with such strong infrastructure and an experienced team.”
Drace-Francis adds: “Our engagement with investors strongly confirms the market view that there is significant institutional demand for exposure to cryptocurrency assets. With our broad and market-leading offering, we are ideally placed to advise and deliver value-added outcomes for multi-asset investors, and we are looking forward very much to building the firm around this.”
Anatoly Crachilov, co-Founder and CEO of Nickel Digital, says: “We are extremely excited to welcome two seasoned and dedicated professionals. Fiona’s and James’ arrivals will strengthen Nickel’s core team, which has grown from just three founders a year ago to a 17 strong team today. We are now well positioned to move the firm forward, expanding conversations with investors who are exploring new allocations to this dynamic asset class.”
Michael Hall, co-Founder and CIO of Nickel Digital, says: “The expansion of our team is impeccably timed, with digital assets attracting overwhelming interest and our funds delivering outstanding performance. Our Nickel Digital Gold Fund has returned over 90 per cent since its launch in May; the Digital Arbitrage Fund, with no down months and a Sharpe ratio of over 5, last week won the Specialist category in the 2020 HFM EuroHedge Emerging Manager Awards; and our Digital Factors Fund will be launching shortly. With this suite of investment solutions, we are well positioned to cater for the individual risk profiles and investment objectives of our investors.”
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