Hewitt Bacon & Woodrow, the investment and actuarial consultancy, has boosted its investment team with four hires, three of whom are former investment managers.

Andrew Chapman joins from Teather & Greenwood Asset Management, which has been half-sold to Prudential-Bache, a subsidiary of insurance giant Prudential, for £3.7m (€5.6m). Chapman was responsible for collective investment vehicles and overall strategies.