Henderson director of multi-asset Tony Lanning is leaving the firm in January to join JPMorgan Asset Management to run its new multi-manager venture.
Head of multi-asset Bill McQuaker will take over as lead manager of the multi-manager absolute return fund.
A Henderson spokesman says: “Since joining Henderson in April 2011, Lanning has been a valued member of the multi-asset team. Whilst we are sorry that he is leaving we wish him well for the next step in his career.”
The firm says it will be shortly announcing more senior hires in the multi-asset team.
The spokesman says: “Multi-asset is an important part of our business and we have long had plans in place to increase the resources and size of the team to support our ambitions and enhance our offering to investors.”
Lanning will manage the investment portfolios built by the JP Morgan adviser solutions investment team which consists of members from JP Morgan Asset Management and the JP Morgan Private Bank.
The JPM Elite Portfolios will consist of six whole-of-market and actively managed portfolios that invest in collectives. They will be run on a discretionary basis and will be risk-graded.
The JPM Fusion Fund range will consist of five whole-of-market fund-of-funds. They will be actively managed with each one positioned at a particular point on the risk spectrum.
Chelsea Financial Services managing director Darius McDermott says: “It is a good hire for JP Morgan and a step up for Lanning. He has had good career progression after the last few years.”