Legal & General Investment Management’s head of UK wholesale distribution, James Crossley (pictured), will join Rathbones as head of asset management distribution from September.
In Crossley’s new role, he will head up the activities of the Rathbones Asset Management distribution team. The hire forms part of Rathbones’ new distribution leadership structure, amid growth plans for RAM.
Crossley has spent six years at LGIM and, prior to this, spent 14 years at Jupiter Asset Management. In his most recent role at Jupiter, he was head of retail distribution. Crossley has also held roles at Invesco Perpetual (now Invesco) and Tullett Prebon.
Elsewhere at Rathbones Asset Management, Abigail Sater has joined the firm from The Big Exchange as head of distribution strategy. Having spent four years at The Big Exchange, latterly as CEO, Sater also led the operating model for the distribution division at Standard Life Aberdeen (now Abrdn).
Rathbones’ new global distribution team, led by group chief distribution officer Jayne Rogers, has also seen recent appointments of Simon Taylor as head of strategic partnerships, and John Cowmeadow as head of wealth management distribution across the Investec Wealth & Investment UK and Rathbones Group.
Taylor joined the firm from Investec Wealth & Investment UK, where he was head of strategic partnerships and platforms. The new role is group wide and will involve managing partnerships across distribution channels including platforms and life companies.
Cowmeadow has also now moved into a group-wide role and will lead the team which services the wealth management business.
Group chief distribution officer Rogers said: “We are pleased to announce these key appointments. The new leadership team provides a focused service to clients and supports the future growth of RAM and the wider Rathbones wealth propositions. James will provide a focus to building our asset management business and brings significant experience from his time at LGIM and Jupiter.”
Tom Carroll, CEO of RAM, said: “Having invested heavily in our systems and processes over the past few years, we believe this new distribution leadership team ensures we are well positioned for future growth. We are actively looking to build on our strong existing fund offering to meet the needs of our clients in this evolving marketplace. I very much look forward to working with the new team to achieve this.”
