Global equity asset manager Martin Currie has appointed Julian Ide as head of Distribution and Strategy.
Based in Edinburgh, he will be responsible for further broadening and building the firm’s global distribution capability across geographies and solutions.
Ide was most recently CEO at Source ETF. Prior to that, he was CEO at Old Mutual Global Investors while other senior positions on the distribution side include Credit Suisse and ABN Amro.
It is the fourth appointment made by Martin Currie in 2018. The latest – before Ide’s hire – was Zehrid Osmani, who joined in May from BlackRock, as head of the Global Long Term Unconstrained Team.
Willie Watt, chief executive at Martin Currie commented: “Julian Ide is a crucial hire for our business, as we look to step up our distribution momentum and increase the accessibility of our highly differentiated investment strategies to a global marketplace. We have established a strong presence in the institutional and wholesale markets with the active equity-driven investment solutions we offer our clients.
“Given Julian’s strategic experience and previous success, it is right that he should have responsibility for developing our forward strategy, in partnership with me. I am really excited to be working with Julian and believe he can make a huge contribution to building this business.”
Julian Ide added: “Martin Currie is a high conviction active equity manager benefiting from the best of both worlds in asset management – operating autonomously as an affiliate of Legg Mason whilst benefiting from the strength of their global network.
“As a forward-thinking asset manager, Martin Currie also remains committed to providing innovative solutions which will meet existing and future client needs. I’m enormously excited to play my part in driving the next phase of Martin Currie’s growth strategy.”
An affiliate of Legg Mason, Martin Currie’s assets under management totalled $19bn as at end March 2018.