Ide (pictured) was chief executive of Source ETF until September 2017 and prior to that, headed up OMGI from 2011 to 2016, until he was succeeded by Richard Buxton, who is now leading a management buyout of the single-strategy firm.
In the newly-created role, Ide will oversee distribution across all jurisdictions from his base in Edinburgh.
In a statement announcing his appointment, Ide said he looked forward to driving the next phase of Martin Currie’s growth strategy.
He said the boutique global equities manager benefits from the “best of both worlds” by benefiting from parent company Legg Mason’s international distribution network, while still acting autonomously.
Martin Currie chief executive Willie Watt said he would work in partnership with Ide.
“Ide is a crucial hire for our business, as we look to step up our distribution momentum and increase the accessibility of our investment strategies to a global marketplace. We have established a strong presence in the institutional and wholesale markets with the active equity-driven investment solutions we offer our clients.”
Martin Currie recently hired Zehrid Osmani as its head of the global long-term unconstrained team as Tom Walker prepares to retire.
At the time of Osmani’s appointment, AJ Bell head of active portfolios Ryan Hughes said it would be interesting to see if he could make further strides with advisers, noting Martin Currie had been a “little bit forgotten”.
