A UK-based investment manager has created a new position to coordinate its activity with financial institutions.

Kames Capital has appointed Sam Carter as head of global financial institutions – wholesale.

In the newly-created role, Carter, who has worked within Kames' wholesale distribution team for the past three years, will report to Steve Kenny, the company's director of wholesale. He will be based in London.

In his previous position as Kames' business development manager, Carter was responsible for relationships with a portfolio of private banks, financial institutions, funds of funds, wealth managers, stockbrokers and family offices. He has also formerly served as a business development manager at Matrix Asset Management.

“The global financial institutions role is essential to the growth plans for our wholesale business, and will provide coordination across the various jurisdictions we operate in. We are delighted to have appointed Sam to the role as he possesses both excellent technical knowledge and outstanding client relationships – vital attributes for the role,” said Kenny.

As of the end of 2015, Kames Capital, which has offices in Edinburgh and London, managed £56.8 billion (€77 billion) for clients including wealth managers, family offices, financial advisors, pension funds, government agencies and financial institutions.