UK - Chris Edge, the erstwhile founder of Pavillion Asset Management and a former head of sales and marketing at Royal London Asset Management is set to switch hats by launching a new investment consultant into the UK institutional market next month.

The new advisory firm, EPIC Investment Consulting (EIC), says it aims to provide consultancy services to UK pension scheme trustees, who it believes are facing increasingly onerous duties.

EIC claims that it is well qualified to help trustees address issues identified by the Myners review of UK institutional investment practice.

Edge takes up the position of chief executive at EPIC along with Jo Welman who will occupy the post of chairman.

The new business is officially launched on February 5.