Nicola Horlick's SG Asset Management (SGAM) has recruited Matthew Leeman from Lombard Odier, where he was a senior European portfolio manager and senior vice-president.
Leeman used to manage $3bn (€3bn) at Lombard Odier, of which 75% comprised institutional funds and 25% retail. News of Leeman's departure comes in the wake of the appointment of Jean Keller as Lombard Odier managing director in London. Keller's predecessor Ronnie Armist has moved to other responsibilities within the group.