Quilter Investors has announced the promotion of Dean Bowden to managing director of the multi-asset business.
Bowden will take on responsibility for the day to day running of Quilter Investors and he will continue to report into CEO Paul Simpson. The change will also allow Simpson to take up the additional role of director of Investments, working more closely with the 15-strong investment team.
Bowden joined Skandia Investment Group in 2007 and has held several senior management positions as the business has transformed over the years. In 2015 he was appointed Old Mutual Global Investors' (OMGI) proposition and commercial director, before becoming chief commercial officer at Quilter Investors upon its formation in 2018.
Simpson was appointed CEO of Old Mutual Wealth's multi-asset business in September 2017, which then became Quilter Investors in 2018. He joined Old Mutual in 2006 as co-manager of the European Statistical Arbitrage fund and Global Statistical Arbitrage fund, before being appointed OMGI's head of alternatives in 2009.
The news follows an incredibly successful year for Quilter Investors during which it launched a new range of income portfolios spearheaded by portfolio manager Helen Bradshaw; saw the expansion of the Cirilium portfolios with an active/passive blended solution and finalised its separation from Merian Global Investors.