Jason Smith left the firm following its acquisition by Janus Hendeson

Tabula Investment Management has appointed Rhys Petheram as its new CIO following the departure of Jason Smith.

He replaces Smith who was at Tabula for over five years and who played a "key" role in expanding the group's ETF portfolio and facilitating its recent acquisition by Janus Henderson.

Petheram (pictured) joins from Jupiter Asset Management where he was most recently head of environmental investment solutions.

He was also fund manager for fixed income and multi-asset having spent 17 years at the firm.

In addition, the group hired Adam Glen-Bott to its investment team.

He was previously a quantitative researcher and portfolio manager at UBS, joining from Source ETF - now Invesco - as an ETF specialist.

Commenting on the appointments, Michael John Lytle, CEO of Tabula, said: "Rhys and Adam join us at perfect time, bringing extensive experience in active fund management, ESG investing and quantitative index portfolio management.

"The European ETF market has been experiencing robust growth and rapid evolution for years. The role of active management in shaping the industry is a new challenge - how to evolve in a way that simplifies and enhances the investments available to investors."

Petheram added: "With one of the most experienced ETF teams in Europe and the backing of Janus Henderson, we are well-positioned to capitalise on our strong position and accelerate our growth by continuing to offer market leading passive ETFs, while also expanding into active strategies."

Tabula Investment Management was acquired by Janus Henderson in May, marking the firm's entry into European ETFs.

The acquisition meant Janus Henderson is set to launch a suite of active ETFs in Europe while retaining Tabula's fixed income range.