Bambos Hambi, a former head of multi-manager at Gartmore, has taken a temporary consultancy position with Insynergy to find new managers to build the group’s product range.
Insynergy has built its business on finding fund managers not previously available to retail investors in Britain and white-labelling their funds.
Hambi says that the group is trying to find managers offering something “a bit different”. (article continues below)
He has been given a broad mandate to look for managers, rather than targeting specific areas.
Insynergy has China and India funds, run by Michael Lai of GAM and Ashish Mehta of Reliance Asset Management respectively.
The group also has a global fund run by Crispin Odey of Odey Asset Management.
Spike Hughes, the chief executive of Insynergy, says: “Hambi is one of the biggest industry names and we are delighted to have him on this team.
“We are looking for world class investment opportunities that were previously not available for investors.”
Hughes says the team has identified “a number of exciting initiatives” and Insynergy is planning to develop its business.
Hambi left Gartmore in May 2008. His five multi-manager funds were handed to his deputy, Tony Lanning.
In August this year Hambi also joined a fund selection governance committee at Standard Life.