UK – Friends, Ivory & Sime (FIS) have appointed Tim Sharman and Robin Wrench to their US equities team.

Sharman has been appointed director of North American equities and his main role will be to oversee portfolio construction. He joins from Royal & Sun Alliance IM where he spent eighteen years and worked on the North American Desk.

Wrench joins from Deutsche AM where he was a US equity analyst for the past three years. As a fund manager for the US equities team he will take charge of the team’s ethical funds and individual portfolios.

Both will report to head of the US desk Peter Kaye who is responsible for managing assets of approximately £1.5bn.

Friends, Ivory & Sime manages £33.8bn for institutional and private investors worldwide.