Old Mutual Global Investors, the business born from the merger of Skandia Investment Group and Old Mutual Asset Managers (UK), has made another hire from Schroders, appointing Ed Meier as a fund manager within UK equities.

As previously reported by WealthBriefing, earlier this month Schroders’ Richard Buxton and Errol Francis left the firm to join the UK equity team at OMGI. Buxton was appointed as head of UK equities and as such reports to OMGI chief executive Julian Ide.

Buxton and Francis are set to leave Schroders on 14 June, but will retain their fund management responsibilities at Schroders until this time.

Meier has co-managed the £637.7 million (about $968.8 million) Schroder UK Equity Fund with Francis since 2010 and will also join OMGI in mid-June, reporting to Buxton.