Julian Ide, the former chief executive of Old Mutual Global Investors, has joined Martin Currie as head of distribution and strategy.
Martin Currie is part of the Legg Mason Group.
Mr Ide was chief executive of Old Mutual Global Investors (OMGI) from 2011 to 2016.
It was during this period that OMGI recruited fund manager Richard Buxton, who later succeeded Mr Ide as chief executive of the business, and is presently in the process of completing a management buyout of the investment house.
Mr Ide and Mr Buxton had previously worked together at Schroders.
Following his departure from Old Mutual, Mr Ide was employed as chief executive of Source ETF prior to the sale of that business in September 2017.
He had also previously worked as chief operating officer for distribution at Credit Suisse.
Willie Watt, chief executive at Martin Currie, 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.’
david.thorpe@ft.com
