Martin Currie, the global active equity specialist affiliate of Legg Mason, has appointed Julian Ide as its new distribution and strategy head.
Ide, who has more than 25 years of experience in the investment management sector, served most recently as a chief executive of one of the largest European independent provider of exchange traded funds (ETF), Source ETF, which was bought by Invesco last year.
Prior to that, he was a chief executive at Old Mutual Global investors and he held a number of senior roles at Credit Suisse and ABN AMRO.
Ide would join Martin Currie’s executive team based in Edinburgh and would be responsible for building Martin Currie’s global distribution capability across geographies and solutions.
The firm said that this appointment followed a number of earlier hires across distribution and investment team, which included the appointment of Zehrid Osmani who joined from BlackRock as head of the global long term unconstrained team.
Martin Currie’s chief executive, Willie Watt, said the firm was looking to step up its distribution momentum with a new hire.
“Given Julian’s strategic experience and previous success, it is right that he should have responsibility for developing our forward strategy, in partnership with me,” he said.
“We have established a strong presence in the institutional and wholesale markets with the active equity-driven investment solutions we offer to our clients.
“I am really excited to be working with Julian and believe he can make a huge contribution to building this business.”
Martin Currie manages currently a total of US$19 billion in asset under management (AUM) as at the end March 2018 across its four key investment strategies:
- Market Aware
- Long-Term Unconstrained
- Sustainable Income and Growth
- Absolute Returns