Royal London Asset Management (RLAM) the mutual life, pensions and investment company, has appointed John Burke as head of institutional, responsible for the growth and direction of RLAM’s institutional business.
Burke will take on this newly created role at the beginning of September and will report to Rob Williams, head of distribution at RLAM.
With over 20 years’ experience in financial services, across both asset management and investment consultancy, Burke was previously head of business development at Newton Investment Management.
Working at Newton for over 15 years, he held responsibility for UK institutional and charity sales and consultant relationships.
Prior to this, Burke was a senior investment consultant for a UK financial services company, advising institutional pension funds on asset strategy and manager selection.
Rob Williams, head of distribution at Royal London Asset Management says: “John is a great fit for RLAM and will bring fresh drive to our growth ambitions in the institutional space.”
RLAM has seen a steady growth in its institutional business in the second quarter, including the launch of the Royal London Buy & Maintain Credit Pooled Pension Fund in July 2015.
Royal London has group funds under management of £83.4 billion (€73.8 billion), as at June 30, 2015.
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