Nick Mustoe was appointed chief investment officer of Invesco Perpetual in the U.K., according to spokeswoman Jane Bland.
Mr. Mustoe starts June 7. He is replacing Bob Yerbury, who will continue at the company as senior managing director.
Mr. Mustoe was CIO of Pictet Asset Management from 2006 to 2008. Prior to that, he was CIO of Hermes Pensions Management. In 2009, Mr. Mustoe was on sabbatical.
Invesco Perpetual had £53.4 billion ($82. 5 billion) in assets under management as of March 31.