Quilter Cheviot taps UBS UK Wealth CIO for investment leadership.

Quilter Cheviot has announced the hiring of Caroline Simmons, the former Chief Investment Officer (CIO) for UBS Global Wealth Management in the UK, as its new CIO. Simmons, who spent 20 years at UBS, will replace Duncan Gwyther, who recently announced his retirement from Quilter Cheviot. She will join the firm in March.