Barclays Wealth has appointed Ravi Bulchandani as managing director, head of alternative investments.

Mr Bulchandani will report to Kevin Lecocq, chief investment officer. He joins Barclays Wealth from Morgan Stanley, where he was managing director, head of alternative investments, Global Wealth Management for Europe and the Middle East.

Prior to his 13 years at Morgan Stanley, Mr Bulchandani was a senior international economist working with the international fixed income and FX businesses at Goldman Sachs in New York.

In this newly created role, Mr Bulchandani will develop strategy, funds research and structuring capabilities for investments in hedge funds, private equity, real estate and commodities.

Mr Bulchandani and his team will work closely with Barclays Global Investors and Barclays Capital to deliver innovative and efficient access to alternative investments for our clients.

Kevin Lecocq, Chief Investment Officer, Barclays Wealth said: "This is a significant hire for us. Ravi brings to this role over 20 years of varied financial market experience and a record of delivery at a senior level. His addition to our team puts us in a strong position towards achieving our ambition of becoming leaders in alternative investment solutions for our clients. Ravi's hire continues to demonstrate our commitment to building a first class team following Barbara Ann-King's arrival in December."