Titan Asset Management chief investment officer (CIO) John Leiper has left his role amid a restructuring of its senior investment team.
Ian Wood will take up the newly created role of group CIO and takes on the role during the firm’s ongoing legal disputes with Tavistock Investments.
Titan AM is taking legal action against Tavistock following the latter’s termination of its 10-year agreement of the managing and distributing of investment products.
The dispute intensified when Titan Wealth accused Tavistock of misconduct in a press statement on 9 July.
Leiper (pictured) – a member of ETF Stream’s ETF Buyers Club – will leave his position after seven years at the firm, where he began as senior portfolio manager before being promoted to head of portfolio management and leaving as chief investment officer.
John Leiper said: “It's been an absolute pleasure leading the investment team and helping grow the business over the last few years. I am grateful to a talented and ambitious team, amazing colleagues and the support of senior management.
"I am proud of what we have achieved during this time but am now excited to embark on the next stage of my career and wish Titan Wealth every success in the future.”
Wood joined Titan Private Wealth in 2006 and has served as chief investment officer for 17 years.
Other senior reshuffles in the ETF industry came last week when UBS Asset Management (UBS AM) hired James Collyer as head of UK ETF and index fund sales from Vanguard.
