Andrew McNally has done his time in investment banking. In four years at Morgan Stanley and 11 years at Berenberg, he rose from equity analyst to managing director and head of Berenberg’s UK business. It was he who was the impetus behind Berenberg’s big push into equity research. But in July 2014 McNally gave up his banking job. Since then, he’s written a book and started a new asset management firm, Equitile.
“I’d reached a natural point in my career, when it was time to think about how I’d use my time and effort next,” McNally tells us from Equitile’s office in West London. “I spent 25 years in the equities business. I built the mid cap franchise in Europe at Morgan Stanley and the UK business at Berenberg. As I see it now, the structural opportunity is in asset management.”