Pacific Asset Management has appointed Nicholas Lemis as head of UK wholesale distribution for its range of single manager products, Investment Week can reveal.
Lemis, who joins from his role as senior product specialist at systematic credit firm DCI Asset Management, previously served as head of UK wholesale distribution at GAM, where he worked alongside Pacific AM CEO Matthew Lamb who was head of institutional and fund distribution for the UK and Middle East.
In his new role, Lemis will be responsible for the firm's current single fund offering of emerging market equity, and interest rate and FX strategy G10 Macro Rates.
Lemis said the current offering represented "industry leading examples of these types of solutions".
He added: "[Pacific AM's] single manager business focuses on high conviction investing in less efficient markets, where they believe active managers can outperform through their skills and expertise."
Part of Sir John Beckwith's Pacific Investments, Pacific AM has been branching into the advice market over the last two years, having agreed three strategic partnerships with independent financial advisers since the beginning of 2018.
Lamb said: "We are delighted to welcome Nick to the team as we continue to build upon the success we have enjoyed in the last three years.
"I have worked with Nick for many years, he understands our client first culture and will help us to continue to focus on our primary goal of delivering outstanding investment solutions to our investors.
"His energy and enthusiasm will be a great asset to the firm."