Bruno Vanier, co-chief investment officer at Edmond de Rothschild Asset Management, is set to leave the company at the end of July, the France-based private bank has confirmed.

The firm has said it is not looking to make any hires at the time, suggesting that it is looking to find an internal solution.

In other recent developments, Edmond de Rothschild bolstered its asset allocation team with the addition of Thomas Vlieghe in June, and its emerging markets and commodities division with Thomas Gerhardt as new head in April.

At the end of April the firm had €2.7 billion ($3.9 billion) in assets under management.