Lombard Odier Darier Hentsch, the Swiss fund manager and private bank, has lost Paul Osborne, its head of UK marketing, to multimanager specialist SEI Investments.

Osborne joins SEI as UK institutional sales director, reporting to Patrick Disney, managing director and head of institutional business development. Osborne will also work closely with Kate Finch and Pippa Knight on institutional business development. SEI had $78bn (€70.7bn) in assets under management globally.