Ex-Gartmore head of multi-manager Bambos Hambi has joined Standard Life Investments as head of fund of funds.
Reporting to Rod Paris, the head of investments, Hambi will take overall responsibility for portfolio management across the 15 funds in SLI’s new MyFolio Funds range.
At present they are managed on an interim basis by head of UK wholesale Jacquie Kerr.
Hambi takes on his new role on 28 March. Based in London, he will work alongside Alan Scrimger, head of multi-manager research.
The MyFolio range is a suite of risk-based portfolios including active and passive investment strategies. They are at present only available via Standard Life platforms, but will appear on other platforms from April.
Paris says: “This is a relatively new area for us, having launched the operation only last October. In that time we have already managed to capture a noticeable share of the UK fund of funds marketplace by providing a suite of risk-based products that will fit well into the post-RDR world.”
Hambi’s most recent role was as a consultant for Insynergy, founded by Spike Hughes and James Caan. He has also previously been head of multi-manager at Insight.
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