Phoenix Fund Services Hires USB Vet to Lead Hedge Fund Sales

Jan 18 2011 | 9:33am ET

UK-based Phoenix Fund Services has tapped Sophie Panchal as head of hedge fund sales.

Panchal brings 14 years’ experience in the financial services sector to her new role, in which she will work closely with Phoenix Business Development Director Anthony Wolfe.

Panchal comes to Phoenix from UBS Wealth Management. Prior to this she had held positions at Nedgroup Investments, Aon Consulting, and Goldman Sachs (London). Her experience includes financial management, investmet research and, more recently, choosing hedge funds for a fund of funds portfolio.

Said Wolfe, “I am delighted that we have been able to attract someone of Sophie’s caliber
to drive Phoenix’s business growth in the alternative asset class. It reflects Phoenix’s commitment to building on our success to date in servicing hedge funds and investment managers who wish to take full advantage of Ireland as a fund administration centre.”

Panchal, for her part, said she was “extremely pleased to be joining Phoenix at such an opportune moment in the development of its business," adding that she looks forward "to building on its well-founded reputation for supporting specialist and boutique investment managers through its Chelmsford and Dublin offices.”

Phoenix Fund Services provides a range of investment administration services with a particular focus on investment trusts, UK collectives and hedge funds.

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