Legal & General Investment Management (L&G) has hired Ryan Lee as head of liquidity distribution to expand its cash and money market fund offering.
Based in London, Lee will work with L&G’s liquidity investment team to support clients seeking multi-currency money market exposure. He’ll focus on bringing L&G’s cash and money market strategies to clients across different markets. He will report to Laura Brown, head of public markets distribution.
Lee will lead client coverage for cash investors, providing access to L&G’s Sterling, US Dollar and Euro Money Market Funds, along with the firm’s short-duration solutions.
Lee joined from DWS Group, where he served as director for institutional liquidity management across the UK and Ireland. Before that, he spent 16 years at Goldman Sachs as executive director in global liquidity sales.
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Ed Wicks, global head of trading and liquidity management, asset management, L&G, commented: “Ryan’s appointment comes at an important moment for the Asset Management business, with liquidity distribution a key strategic area for us. Ryan’s deep relationships with global cash investors, paired with his strong track record in leadership roles and client delivery, will be instrumental as we scale our cash capabilities.”
Lee said: “I am delighted to be joining L&G and leading the Liquidity Distribution team. L&G has the scale, track record and expertise to meaningfully grow and compete at the highest levels of this market. It’s an investment proposition of increasing importance to holders of cash and I look forward to working closely with the team as we continue to seek to deliver for clients.”
