In his new role Davies will head up the recently launched liquidity management service, alongside Nigel Marsh who joined the firm in May.
The firm said its liquidity service is offered on both a discretionary and advisory basis for private clients and institutions, providing them with liquidity and treasury management.
Investment mandates are developed to match the client, depending on their needs for income, liquidity and security, and are available in multiple currencies.
The underlying investments for the mandates include cash, fixed, deposits, certificates of deposit, treasuries, gilts and corporate debt.
Davies joins from Hume Capital, formerly Epic Asset Management, where he is currently director and responsible for its fixed income business.
Prior to joining Epic he was at Singer & Friedlander Investment Management and Tilney Fund Management.
Rod Gentry, group chief executive, said: “Liquidity management is a core part of our offering and we are delighted that Nigel will bring his considerable experience and skill to our team and help us to build it into a significant part of our business.”