London’s Fleming Family & Partners’ chief investment officer Dan Briggs has left the firm.

London’s Fleming Family & Partners’ chief investment officer Dan Briggs has left the firm.

In a statement, FF&P said that Briggs will not be replaced and that his responsibilities will be absorbed by head of investment Arthur Grigoryants and his portfolio management group, as part of a recent restructuring of the investment team.

Briggs, who leaves on good terms with FF&P, will be taking on a position at another organisation where he will have a more hands-on role in investment, the statement said.

A year ago FF&P overhauled its investment approach by appointing a four-strong portfolio management team led by Arthur Grigoryants, head of investment and including head of equities Andrew Hadley Grave, Dan Axmer, fixed income and Dan Briggs providing macro input.

With Briggs’ departure, “the group will continue to drive the investment process,” the statement said.

Briggs joined FF&P in 2010 from Sarasin, where he had been deputy CIO and head of its multi-asset funds. Prior to this, Briggs also served at JP Morgan.

FF&P provides wealth planning, asset management, corporate finance, private equity and trust services through its offices in London, Zurich, Vaduz and Guernsey.