Andrew Rankin was named operations manager at Cardano UK, London, said Richard Dowell, head of client management. The position is new.
Mr. Rankins responsibilities will focus on implementing investment decisions, including managing transitions between fund managers. He will report to David West, head of operations.
Mr. Rankin was a portfolio manager for BGIs asset allocation group. He was not directly replaced; his duties are being handled by others in the group, according to spokeswoman Maxi Freeman.