Aoifinn Devitt was named head of Nikko Asset Management World Series Fund Platform, effective Friday.
Ms. Devitt will lead and manage expansion of Nikko AM's manager selection business into Europe and Asia outside of Japan, a company spokesman confirmed.
As part of the move, City Financial Investment Co. has appointed Nikko AM subadviser of its $60 million Asian Absolute Growth fund, a multimanager fund. Ms. Devitt had been the previous subadviser and also was head of client strategies at Ignis Advisors, a position she took in September.
Ben Robinson, spokesman at Ignis, said she would not be replaced and that her duties have been assumed by other staff.
Reached via e-mail, Ms. Devitt declined to comment.