Shaw joined Kames Capital when the firm was known as Aegon Asset Management, UK, in 2001 from accountancy firm Scott Oswald that itself was subsequently taken over by Scottish rival Tenon.
Most recently has been working as support manager to Adams, head of UK equities, and will take up his new co-manager role on 1 January next year.
The move comes as recognition of Kames Capital’s own in-house talent and will allow him to promote the fund with Adams.
At the same time, he will retain his responsibilities as co-manager of the UK Opportunities Fund run by Audrey Ryan as well as lead manager for the institutional UK Equity High Alpha Fund and the UK Equity Tactical Pension Fund that is an insured fund run for Aegon UK.