Former Barings Asset Management chief investment officer Ken Lambden is to join JO Hambro Capital Management as group chief executive, subject to FCA approval.
Lambden departed Barings in May ahead of its merger with Babson Capital Management and subsidiaries Cornerstone Real Estate Advisers and Wood Creek Capital Management.
The merger was finalised this week.
Lambden will replace Gavin Rochussen at the firm as he takes the role of group executive international at BT Investment Management, the JOHCM’s Australian owner, as the investment boutique expands in the US and Asia.
Before Barings, Lambden was global head of equities at Schroders for 10 years, leading the equity teams in UK, Europe, North and South America and Asia.
Lambden will initially report to Rochussen, after which he will report directly to Emilio Gonzalez, BTIM group chief executive.
Rochussen joined the company in 2008 as group chief executive and helped the firm expanding its fund range and client base, as well as supervising the opening of offices in Singapore and in the US.
The pair will start in their new roles on 3 October 2016.
Lambden says: “I am excited by the opportunity to lead such a highly respected active asset manager and look forward to working with the JOHCM investment teams and wider staff to continue the record of excellent investment performance.”
As of 30 June 2016, JOHCM has £21.7bn assets under management.