EQ Investors’ CEO John Spiers has become non-executive chair of the company he built, paving the way for the appointment of 3 long-standing colleagues to become CEOs to replace him.

Boutique wealth manager EQ Investors has unveiled Future Leaders Portfolios, a range of socially responsible, passive funds claiming to offer lower costs than many ESG funds.

Staff at London-based Financial Planning and wealth management company EQ Investors have taken ownership of 22% of shares in the business.

EQ Investors, the boutique wealth manager and Chartered Financial Planning firm led by industry veteran John Spiers, has recruited Mark Howlett to join as an executive director with responsibility for the advice side of the business.