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Threadneedle picks head of distribution

Threadneedle has appointed Campbell Fleming as the group’s head of distribution.

Fleming is to join Threadneedle after 12 years at JP Morgan Asset Management as the group’s UK head.

He will join in November to lead Threadneedle’s global distribution function, which includes the wholesale and institutional business as well as marketing and product development. Fleming reports to chief executive officer Crispin Henderson.

Henderson says: “Campbell joins at an exciting time for Threadneedle. 2009 has been a very good year for us, with key successes to underpin business growth, including sustained long-term investment outperformance, strong net inflows, new strategic partnerships and the launch of the new Threadneedle Luxemburg-based Sicav funds offering. We are keen to emulate similar success in 2010 and believe Campbell will play a key role at helping us further grow our assets and extend our global reach across both retail and institutional spaces.”

JP Morgan Asset Management has appointed Roger Thompson as head of the UK business to replace Fleming. Thompson has been chief financial officer of international business and on the international management committee since 2003.

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