Kames has restructured its sales team ahead of Brexit, with Mark Savage promoted to head of UK Distribution.
Mr Savage had previously been employed as head of adviser sales for 15 years, and has been a Kames employee since 2003. He will lead both the institutional and wholesale markets.
The move comes as part of a wider rejig at the firm, with the creation of two distinct teams, with one focused on the UK market and the other on the rest of the world.
European fund sales will now be handled by Aegon Asset Management Europe, the parent company of Kames.
The shake-up means Steve Kenny, currently the head of wholesale for Aegon Asset Management Europe, including Kames Capital, will leave the business.
Martin Davis, chief executive of Kames Capital and head of Aegon Asset Management Europe, said: "With the potential changes and challenges Brexit may bring post 29 March 2019, we wanted to ensure that our business model and units are fully aligned with how and where we currently do business and with the clients we serve.
"We believe this new structure and the creation of these new roles will ensure we provide our current and future clients with a seamless business model whatever the outcome of the current Brexit negotiations."
Several investment houses, including M&G Investments, Columbia Threadneedle and Somerset Capital, the latter business having being co-founded by Conservative Party MP Jacob Rees Mogg, have moved European clients out of UK domiciled funds and into equivalent products domiciled in the European Union.
At the time of making changes, the chief executive of M&G at the time said the move was designed to "minimise disruption" for clients.
Alistair Cunningham, financial planning director at Wingate Financial Planning, said: "I think these issues requires a 'wait and see' approach.
"We currently will not invest in anything other than UK domiciled funds, and have removed one fund recently that has moved overseas.
"If lots of fund managers move operations out of the UK we might loosen our stance, or we might decide to stop investing in those managers or funds."
david.thorpe@ft.com
