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MOVES-Kairos Investment Management hires new chief operating officer

LONDON, March 16 (Reuters) - Kairos Investment Management has hired former RenAsset Management head of operations Richard Lambert as its new chief operating officer, a source close to the firm told Reuters.

Lambert, based in London, joined the 8 billion euro ($8.85 billion) asset manager in March. He was also previously head of operations at $1.2 billion equity manager NewSmith, purchased by Man Group (LSE: EMG.L - news) in 2015. ($1 = 0.9042 euros) (Reporting by Maiya Keidan; editing by Simon Jessop)