Guy Monson is to relinquish his post as CIO at Sarasin & Partners amid a reshuffle of its senior team.
Monson (pictured), who was appointed to the role in 2008, will become the £21bn fund group’s chief market strategist, while the CIO role will be split between Jerry Thomas and Phil Collins.
Sarasin said the shift will allow him to focus more on client interaction and communicating the firm’s strategy. He remains a senior partner and member of the investment policy committee and investment strategy group and will continue to lead Sarasin’s Target Return franchise.
Thomas and Collins will be CIOs for global equities and multi-asset, respectively, the departments they headed prior to their promotions. They will continue to report to head of asset management Subitha Subramaniam.
Monson said: “The promotion of Jerry and Phil to their respective CIO roles is an important step and having worked with them both for many years, I wish them every success.
“I look forward to having additional time to help formulate Sarasin & Partners’ outlook for markets, across both existing assets and future opportunities.”
Sarasin grew its assets under management and administration by 22% in 2021. Last month, it acquired Bread Street Capital, the private equity boutique set up by ex-Abrdn duo Alex Barr and James Witter.
See also: Guy Monson: ‘A robo-taxi going at 25mph will be safer than a black cab’