ING IM departures prompt equities team shake-up
ING Investment Management has made a series of changes within its equity specialties boutique team, following the announced departures of Tycho van Wijk and Tjeert Keijzer.
Van Wijk and Keijzer left ING IM’s Global Opportunities Fund, where they were lead investment manager and investment manager respectively, for Lazard Asset Management.
Moving from Amsterdam to Frankfurt, they join Lazard on 1 May, where van Wijk will be a manager and Keijzer an analyst.
In response to the departures, a spokesperson for ING IM said: “The fund’s investment philosophy and strategy is not going to change.”
The fund has 40 analysts and portfolio managers working on it. It falls within the overall management of the equity specialties team, headed up by Hans van der Weg (pictured above).
ING IM has reacted with a number of changes to the team following the latest moves, by promoting four internal candidates.
Huub van der Riet and Alex van der Laan take over the roles previously held by van Wijk and Keijzer respectively.
Van der Riet, who has worked within ING IM’s equity specialties boutique team for 10 years, previously worked across some of its funds.
He was head of sector funds, and senior portfolio manager for consumer goods. Recently, Van der Riet received the Lipper award for the ING Daily Consumer Goods fund. At the end of January, he received a five-star rating from Morningstar.
Taking over his previous role is Patrick Wollenberg, another internal candidate, who has been an analyst and portfolio manager for 16 years. Previously, he was senior investment analyst within ING IM’s consumer team.
Alex van der Laan meanwhile takes on Keijzer’s previous role on the Global Opportunities Fund. He was previously a sector specialist in ING IM’s financials team, and has 13 years of experience. At the time of writing, the name of his replacement was unconfirmed.