Andrew Jackson, head of wholesale and listed real estate funds at Standard Life Investments, is leaving after 25 years to pursue other interests.

David Paine, head of real estate, said Mr Jackson had played a key role in creating and developing innovative global and UK property funds, and was staying until October to ensure a smooth transition.

SLI has appointed Svitlana Gubriy head of Global REIT funds and James Britton fund manager of the Global Real Estate Fund.

Ms Gubriy joined SLI in 2005 and is involved in managing two real estate funds. Mr Britton, at SLI since 2006, runs a life fund and pensions mandate.