Martin Currie Investment Management has hired the former CEO of Old Mutual Global Investors (OMGI) and ETF business Source Julian Ide as head of distribution and strategy.
Ide will be based in Edinburgh where he will be responsible for overseeing the distribution of Martin Currie's range of products across all jurisdictions.
He will also join the firm's executive board alongside CEO Willie Watt and head of investment John Pickard, bringing the total number of members to seven.
Having joined Martin Currie in May this year, Ide most recently worked at passive provider Source, which was acquired by Invesco in 2017.
Prior to that he was CEO at OMGI for five years before he was replaced by Richard Buxton in 2015. Ide has also held roles at Credit Suisse and ABN AMRO.
Watt said: "Julian Ide is a crucial hire for our business, as we look to step up our distribution momentum and increase the accessibility of our investment strategies to a global marketplace. We have established a strong presence in the institutional and wholesale markets with the active equity-driven investment solutions we offer our clients.
"Given Julian's experience and previous success, it is right that he should have responsibility for developing our forward strategy, in partnership with me. I am really excited to be working with Julian and believe he can make a huge contribution to building this business."
Ide added: "Martin Currie is a high conviction active equity manager benefiting from the best of both worlds in asset management - operating autonomy as an affiliate of Legg Mason whilst benefiting from the strength of their global network.
"As a forward-thinking asset manager, Martin Currie also remains committed to providing innovative solutions which will meet existing and future client needs. I'm enormously excited to play my part in driving the next phase of Martin Currie's growth strategy."
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