Candriam has swiped Benjamin Rumary from Smith & Williamson as part of its push in the UK intermediary space.
Rumary becomes senior relationship manager in the London office and will be responsible to selling Candriam funds to discretionary clients in the capital alongside Ryan Welch, who joined the asset manager earlier this year.
Before Smith & Williamson, Rumary held sales and marketing roles at LV Asset Management and Axa Investment Managers. He began his career at Old Mutual Asset Managers in 2006.
In a press release announcing his appointment, Candriam said it aims to strengthen its position in the UK wholesale market.
It listed conviction and responsible investing as areas in which it is best known among UK investors. In September 2018, it extended its exclusion of coal, tobacco and controversial weapons across its entire range of assets.
The UK currently represents just €1bn (£860m) of the €125bn Candriam manages.
The Luxembourg-domiciled asset manager is the European arm of New York Life Company.
