Russell Investments strengthens multi-asset team

Russell Investments has announced the appointment of Mirko Cardinale as head of Asset Allocation, EMEA.

This is the third in a series of recent high profile hires for its multi-asset group. He joins David Vickers, who in November joined the multi-asset team as a senior portfolio manager, and Rob Hall who also re-joined the team in October.

Cardinale joins from Aviva Investors where he was head of Strategic Asset Allocation for four years and the lead fund manager for the company’s UK with-profits and diversified growth funds.

Prior to this, he worked at Watson Wyatt (now Towers Watson) where he started as an Economist before undertaking the role of Senior Investment Consultant between 2002 and 2007. Cardinale has also held roles at The Financial Times, The World Bank and Caboto Holding SIM.

Commenting on Cardinale’s appointment, Russell’s Chief Investment Officer of Multi-Asset Solutions and EMEA, Christophe Caspar said:

“We are excited to appoint Mirko to this role, as we look to expand our investment strategy capabilities further at a time when investors of many types are seeing the benefit of dynamically managed and diversified portfolios. He is an extremely capable and experienced individual with a strong background in implementing asset allocation models to improve long-term investment performance. We look forward to working with him and continuing to build our proficiency in this space.”

Pascal Duval, Russell’s Chief Executive Officer, EMEA also commented:

“Mirko brings with him a wealth of experience and we are pleased to welcome him to our team. This appointment, which follows the recent hires of David Vickers and Rob Hall, demonstrates Russell Investments’ continued commitment to growing our expertise in the multi-asset space.”

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