UK-based Momentum Global Investment Management Limited, a wholly-owned subsidiary of Momentum Asset Management, has appointed David Thomas as head of retail sales and Rebecca Nkoane to lead UK IFAs and networks.

Thomas, who joins the firm from Midas Capital Partners, will be responsible for implementing Momentum’s long term growth strategy for its UK retail offering. Nkoane joins from Invesco Perpetual.

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Both Thomas and Nkoane join Philip Childs in Momentum’s business development team. Childs has been with the asset manager since 2011.

Momentum Global Investment Management CEO, Ferdi van Heerden, said: "We are extremely excited about these hires and believe we can make a big impact in the UK retail market space as a leading provider of multi-asset funds and solutions."

Additionally, Momentum has finalised strategic partnerships with the Lighthouse Group and YourWealth.co.uk to offer James Klempster’s Factor series of risk-rated funds, which launched in November last year, as part of their investment proposition.

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