A restructure of the UK retail sales team at Neptune Investment Management has seen Andy Larkin join the firm as head of strategic partners.

Larkin joins from M&G to lead a five-person third party team at Neptune, which includes Nick Pogmore – latterly of Ignis – who has been appointed as intermediary sales manager for the south east, and Harry Reeves, who has come across from Artemis to handle key accounts in the south west.

Neptune said it has been looking to further integrate and harmonise the structure and activities of its regional and strategic partners teams ahead of the implementation of the Financial Services Authority’s Retail Distribution Review at the start of next year.

Under the changes, Adam Hughes has been named head of UK wholesale, with Larkin reporting to him.

In other recent appointments, at the end of last month Neptune promoted Thomas Smith to sole manager of its Latin America fund.

Smith was named as co-manager of the Neptune Latin America Fund in July last year together with Felix Wintle, who will stay as head of US equities and concentrate his efforts on the firm’s US funds.

Smith is also an assistant fund manager on the Neptune Emerging Markets Fund, as well as being responsible for global sector research on the chemicals and utilities sectors. He joined Neptune in 2009 as an investment analyst.