Russell Investments appoints portfolio manager for flagship Multi-Asset Growth Strategy
Russell Investments has announced David Vickers has joined its multi-asset team as a senior portfolio manager. His appointment is one of three hires the multi-asset team has made in the last three months.
Wickers will be based in London and will be managing Russell Investments’ flagship £1.19bn Multi-Asset Growth Strategy.
Launched in December 2009, the fund aims to achieve long-term equity-like returns of inflation plus four per cent, with two-thirds the volatility of equity markets. Over the last three years, it has returned investors 23.64% against a peer group average return of 18.6%, Russell Investments has revealed.
The fund invests in a range of asset classes – including equities, fixed income and alternatives – via passive and actively managed funds, multi and single style managed structures, index funds and ETFs.
David joins from Sarasin, where he was a partner and lead fund manager within the multi-asset team. He joined the business in 2007, and managed £2.5bn of client assets as fund manager of the Alpha Common Investment Fund and GlobalSar Dynamic Fund, and through the management of a number of pension scheme, insurance, and fund of fund risk targeted mandates. David was also a member of Sarasin’s investment policy committee. Prior to joining Sarasin, David was at Baring Asset Management where he primarily managed multi-asset portfolios for charities and private investors.
The firm also announced the hire of Rob Hall, as client portfolio manager, in October 2013.
Christophe Caspar, CIO global multi-asset solutions and EMEA, for Russell Investments, said: “Investors are becoming more outcome oriented in their quest for reaching desired investment goals, which is driving them towards multi-asset solutions. Our investment business is built on the foundations of multi-asset investing, providing solutions in this area of the market for over 50 years.
David, along with the recent appointment of Rob Hall, will play a key role as we continue to look at ways in which to enhance the level of service and high quality advice we offer clients, and build on the market leading performance of MAGS over the last three years. We welcome David to the firm and look forward to working with him.”