‘Avoid the churn’: How this boutique boss competes on recruitment

Citywire: The Selection Show

‘The majority of the time when you’re a boutique, you’re not going to have the job security or immediate pay levels of the larger funds. So you need to create something that is compelling and avoids the churn.’

That is the underlying message Adam Davies bears in mind when bringing new people and fresh thinking to his group Velox Capital, a UK-based independent asset manager.

Speaking as part of Citywire Selector’s Boutique Builder series, Davies outlines how he came to be chief executive officer of the group and how covering both business growth and product development takes a very focused mindset.

Unlike previous guests on this series, Davies was brought into Velox Capital when the organisation was up and running, so he also talks about ingratiating into a new set-up, developing a collaborative culture and why his grounding in the world of start-ups can help the company grow.