Former F&C retail head John Yule has been hired by T Rowe Price in a similar role.
Mr Yule, who left F&C in January this year after 20 years at the business, will be T Rowe Price’s head of intermediary relationship management in the UK and Ireland as the group continues to build its presence here.
In his former role, he oversaw the integration of Thames River Capital and F&C’s sales teams. Rob Thorpe is now head of UK sales at F&C after he joined in November last year from Sarasin and Partners.
Peter Preisler, head of global investment services, Europe, Middle East and Africa, said: “UK intermediary is a crucial market for T Rowe Price and appointing someone of John’s calibre emphasises our commitment to this space.
“John brings a wealth of experience to T Rowe Price and will allow us to further strengthen our existing wholesale and advisory relationships.”
Mr Yule began his career at the Life Association of Scotland, before moving to Ivory & Sime as sales and marketing director in 1994. He spent two decades at the company, which following a series of acquisitions is now known as F&C.
