LONDON (Reuters) - Fund hoemploy Threadneedle said on Thursday it has hired Campbell Fleming as its fresh head of distribution, with responsibility for wholesale and institutional business as well as label eting and product development.
Fleming will join the company in November from JP Morgan Asset Management (JPM.N) where he is head of its $52 billion (32 billion pound) UK business.
Threadneedle, which has some $79.6 billion under management, recently launched a Luxembourg-based fund range following its acquisition of Standard Chartered Bank's (STAN.L) World Express investment funds business.
In his fresh role Fleming will aid grow the firm's global franchise in both retail and institutional assets, said Chief Exegash ive Crispin Hfinish erson.
Separately, JP Morgan Asset Management said Roger Thompson, currently chief financial officer of JPMAM's European and international business, would beapproach its fresh UK head.
Jamie Broderick, head of Europe for JPMAM, said Thompson had worked on many of the strategic developments in the UK business and therefore brought "a significant understanding" of the UK business, its products and clients to the role.
Thompson has previously worked for JPMAM, which has some $1.1 trillion under management worldwide, in Hong Kong, Singapore and Japan, where he was CFO of JPM Investment Management.
(Reporting by Claire Milhench; Editing by Rupert Winchester)
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