Bambos Hambi, former head of multi-manager funds at both Gartmore and Rothschilds, has joined Standard Life Invest- ments as head of fund of funds management.
Since August, Hambi has worked on a temporary consultancy basis for Insynergy Investment Management and a fund-selection governance committee at Standard Life.
In his new role at SLI , he will have overall responsibility for the portfolio management of 15 funds in the company’s new MyFolio offering.
These funds are currently managed on an interim basis by SLI head of UK wholesale Jacqueline Kerr.
Hambi will report to head of investments Rod Paris and will work alongside Alan Scrimger, who heads SLI’s multi-manager research function.
MyFolio is a suite of risk-based portfolios offering a choice of active or passive investment strategies across five risk levels.
Hambi says: “MyFolio funds represent a step-change in the investment solutions on offer to advisers and clients.”
Chelsea Financial Services managing director Darius McDermott says: “Bambos is a well respected fund of funds manager and will be a key hire in what is a relatively new area for Standard Life Investments. His experience at Gartmore and Rothschilds will add stability to that offering.”