Dominic Rossi will become CIO at Gartmore Investment, according to a source close the company. He will replace Quintin Price, who left in 2005 to become head of European investments for Merrill Lynch Investment Managers.
Mr. Rossi is head of equities at Threadneedle Asset Management Holdings. He joined Threadneedle in 1997 and assumed his current post in 2007. He was head of international and global equities from 2002 to 2007, according to the firms website.
Threadneedle had $120.9 billion in assets under management as of June 30. Gartmore has £24 billion ($45 billion) as of March 31, the latest data available.
No further information was available. Stephanie Ramos, spokeswoman for Threadneedle, declined to comment.