Edmond de Rothschild Asset Management (UK) has hired Daniel Lee from Allianz Global Investors to help build the group’s UK presence.
Mr Lee, who was sales director for UK discretionary business at Allianz GI, will start his new role on October 1.
He said: “The group has ambitious plans for growth outside of France and Switzerland, and I look forward to establishing and building their presence in the UK wholesale market over the coming years.”
Edmond de Rothschild’s asset management division more than €54bn (£39bn) in assets under management as of the end of June.
Charles Goodman, chief executive officer of the UK business, said he hopes Mr Lee will help the group in “improving the quality of our coverage and in adapting our range of products and services to the needs of UK investors”.
Mr Lee joined Allianz GI in December 2013, having previously been head of UK discretionary sales at Cazenove Capital.