Investec Asset Management has hired Argonaut head of distribution John Lester as a sales manager within its client group.
Investec says Lester will be part of the team responsible for developing the asset manager’s key strategic relationships following the implementation of RDR.
Lester joins the firm after only six months at Argonaut. Prior to joining the boutique he worked at Neptune Investment Management as head of strategic partnerships.
Investec head of UK retail Charles Wilson says: “John’s appointment highlights Investec Asset Management’s commitment to building high quality, long-term business partnerships within this area of the market. Responding to the needs of our key strategic partners is vitally important to us in an environment where RDR will be accompanied by fast-changing regulation and increasing complexity.”