The announcement follows the shareholder approval of the mega merger on Monday, which is one of the biggest ever deals in the sector.
Including Paris, the IMC will be made up of 11 of the group’s global functional heads – including global head of equities Devan Kaloo, global head of fixed income Craig MacDonald and Guy Stern, the global head of multi asset and macro investing.
Keith Skeoch and Martin Gilbert, the co-CEOs of the combined business, will have standing invitations to IMC meetings which set out with the aim of providing a unified approach to its combined investment management activities.
In addition to overseeing the firm’s investment process, performance, capabilities and investment talent, the IMC will also define and set its investment culture, and the investment governance and risk framework across the business.
Paris said: “The combined businesses have strong, complementary investment capabilities which will deliver greater investment insight and more choice for clients and customers.
“Together we will be broader and more diverse, respecting different investment philosophies and processes, incorporating the best talent and capabilities from both firms.
“By combining our capabilities across equities, fixed income, multi-asset and solutions, real estate, private markets and hedge funds, we are creating a world-class investment company, with over 1,000 investment professionals and a truly global perspective.”
