Investec Asset Management has appointed James Elliot as the new head of its multi-asset team effective from July 2019, the firm announced on April 10. Bringing with him 24 years of industry experience, Elliot’s remit as Head of Multi-Asset at Investec Asset Management will include oversight of all existing investment solutions and the addition of new strategies. Elliot will report to Domenico Ferrini, co-CEO, Investec Asset Management.

Elliot joins from JP Morgan, where for the last seven years he led the development of the firm’s international multi-asset solutions business and was responsible for the global strategy and quantitative research teams, alongside all portfolio management and investment specialist teams in London and Asia. As well as overseeing a range of outcome-oriented solutions, including balanced, diversified growth, income, convertible bond and bespoke insurance-related solutions, he was the founder and co-portfolio manager of the successful JPM Global Macro suite of strategies.

“James’s appointment to lead our experienced and established multi-asset team underscores our commitment to delivering market-leading multi-asset investment solutions for our clients,” said Domenico Ferrini. “James brings with him a wealth of invaluable portfolio management, product and leadership experience, which will help to take our multi-asset investment capability to the next level and allows us to compete meaningfully on a global stage. We are delighted to welcome him to the business.”