UK asset management houseGartmore Investment Management said it has appointed Dominic Rossi as chief investment officer, hiring him from rival firm Threadneedle, where he was head of equities.

At Gartmore, Mr Rossi will be responsible for its investment division, which has £24 billion in assets under management and includes over 90 investment professionals located in London, Tokyo and Boston. He will report to Jeff Meyer, Gartmore’s president and chief executive.

Gartmore is owned by the US private equity firm Hellman & Friedman and Gartmore’s senior fund managers and executives.