Nick Hamilton was appointed chief operating officer at Oakley Capital Management's new retail money management business, which will be run by Neil Woodford, confirmed an Oakley spokeswoman.
Mr. Hamilton was head of institutional business at Colonial First State in Sydney and joined Oakley in the U.K. to work on the new business. Before that he was head of global equity products at Invesco Perpetual.
Craig Newman, who joined Oakley as head of retail asset management, will also work on the new venture. He was head of sales at Invesco Perpetual. Mr. Newman left Invesco in late 2012, according to an Invesco spokeswoman. His responsibilities were absorbed by Ian Trevers, head of distribution, and his team.
Mr. Woodford will launch his new venture with Oakley's support when he joins in May from Invesco Perpetual, where he is head of U.K. equities and manages £32.5 billion ($53.4 billion) in assets for the £70 billion money manager. Mark Barnett, a portfolio manager on the equities team, will take over as head of U.K. equities at Invesco Perpetual when Mr. Woodford leaves, according to an Invesco news release.
Full details of the offering have not yet been released, but Mr. Woodford will run investments on an unconstrained, fundamental and disciplined approach, according to a news release from Oakley.