The head of multi-manager strategies at Aberdeen Standard Investments will take over from a retiring Paul Simpson.
Moving full circle after an early start at the firm, Bambos Hambi has been named chief executive of Quilter Investors. He will join the multi-asset business towards the end of the year and take over from Paul Simpson who is retiring.
Veteran fund manager Hambi has spent 30 years in fund selection at Gartmore, Rothschild Asset Management and most recently at Aberdeen Standard Investments, where he spent nine years leading a fund selections team as head of multi-manager strategies. Early on he spent a decade at Quilter, and his re-joining adds to other recent hires, including Helen Bradshaw and Ian Jensen-Humphreys to the investment team.
“Having worked for Quilter at the beginning of my career it feels wonderful to be coming full circle” and to be part of “the next phase of Quilter Investors growth,” Hambi said. Since listing two years ago and separating from Old Mutual, Quilter has rebranded its advisory and asset management businesses into sub divisions overseeing roughly £95 billion for customers.
CEO Paul Feeney said he was immensely grateful for Simpson's contribution in "building Quilter Investors". Simpson, who was named CEO in January 2018, began in risk management at Deutsche Bank and UBS before moving into investment management at De Putron Fund Management. He joined Old Mutual in 2006 and became investment director in early 2015.