Quilter Investors' chief executive Paul Simpson is to take charge of the group's investment desk, as the group announces key changes to the multi-asset portfolio management team.
As part of the changes, Anthony Gillham has made a decision to leave his role as head of investments at the firm.
The Generation range continues to be co-managed by Paul Craig with the support of the wider portfolio management team, with a new senior level portfolio manager on the range set to be named "in due course".
The new manager will be the second senior hire this year, following the appointment of Helen Bradshaw to spearhead the launch of the forthcoming Quilter Investors multi-asset income range.
Meanwhile, portfolio managers Sacha Chorley and Stuart Clark will manage the Quilter Creation range, while Rasmus Soegaard will run the Foundation and Managed Fund portfolios. Sacha Chorley will continue to manage the Compass portfolios.
The multi-asset investment business within Quilter was launched last year and has developed rapidly since then, having undergone a rebrand and the appointment of a new ExCo and senior leadership team. It now has some £19bn in customer assets, as of 31 March 2019.
Quilter Investors CEO Simpson said: "This business has made remarkable progress over the course of the last year and I'm delighted to set out these key steps today in the next phase of our development.
"We have an exceptionally talented investment management team in place. Our investment function is one of the largest and most experienced in the UK multi-asset investment market and our team based approach is a key part of our investment management philosophy. I'm really pleased to be taking direct oversight of such a talented group of portfolio managers and bringing my own experience and expertise to the desk.
"The progress we have made already will continue and we are looking forward to the launch of our forthcoming income range, as well as a number of exciting new developments we have in the pipeline, including the pending appointment of a new senior level portfolio manager to further strengthen the team."
Anthony Gillham added: "I have thoroughly enjoyed the past two decades that I have spent with the company. Whilst I leave at an exciting time for the business as it continues on its new journey as Quilter, I am confident that the excellent team will continue to go from strength to strength."
Across four divisions
'Passive holdings still making an active difference'
Covering more than 3,000 issuers
Replacing outgoing Phil Loney