JP Morgan Asset Management has appointed Simon Crinage as its head of investment trust business, effective immediately.
Crinage will succeed David Barron, who left the firm earlier this year. He will report to head of UK funds management, Jasper Berens.
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Crinage has been with JP Morgan Asset Management for 28 years, more than 10 of which have been within the investment trust team.
Crinage said: "The regulatory landscape changes caused by the implementation of RDR should also open up opportunities for the sector to reach the independent financial advice market, where it has historically been under-represented.
"I look forward to leading the business in this new distribution era, as well as continuing to serve our more traditional client base."
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