This publication brings more news about moves and departures in the global wealth management sector.

Neptune Investment Management, based in the UK, has promoted its head of strategy to the newly-created role of head of distribution.

Charlie Parker will assume the role of head of distribution with immediate effect. He joined Neptune in June 2014 as head of strategy and has headed changes to Neptune’s distribution team set-up, its fund range and the way it communicates its capabilities and products to the advisory, discretionary and international markets.

Prior to working for Neptune, Parker had been director, Citywire Wealth Manager and director, asset management at Citywire. He has also been editor of Citywire Wealth Manager and Citywire’s investment editor.

“Charlie has been instrumental in helping us clarify and then communicate our investment proposition to the marketplace.  His contribution has been vital and has helped us capitalise on commercial opportunities in the rapidly changing operating environment, while still continuing to meet the requirements of our clients. Charlie’s promotion is a key move for the company, augmenting the existing team as we ensure our business is resourced and positioned for the future,” the firm's founder and chief executive, Robin Geffen, said.

In May, Neptune appointed James Dowey as chief economist and chief investment officer.

Neptune is an independent fund management company founded in May 2002. More than 75 per cent of the company is owned by its employees and directors.