Aegon Asset Management has recruited Murray Johnstone fund manager Jackie Bowie as the lead manager for its technology fund.
The appointment follows the departure of Aegon's star tech fund managers Stuart O'Gorman and Paul Kleiser to Henderson Global Investors at the end of last year.
Bowie, who manages Murray's TMT investment trust, will take the reins of the £245m Aegon tech Oeic at the start of March.
Lipper says the Aegon fund is second in its sector over five years to the end of January with a return of 288 per cent. Bowie will also work as a technology analyst on the US desk, where she will report to Elaine Heaton-Armstrong.
Heaton-Armstrong took over as head of US equities in November following the departure of Neil Smeaton to run a hedge fund.
Heaton-Armstrong says: “Signing Jackie is a tremendous coup for us. She has hands-on experience both of technology stocks and other sectors within the American market. She will make a huge contribution to the American and technology funds.”
“We intend to make at least one other senior appointment to the US team in the near future. This will bring our team up to full strength in what promises to be another very interesting year for the American market.”