Royal London Asset Management has announced the restructuring of its global equity team with immediate effect.
Following the departure of Peter Rutter, head of equities, and several members of the global equities team, it has come to light that they “intend to establish their own firm”.
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Chief investment officer Piers Hillier takes on responsibility for Royal London Asset Management’s global equity capabilities. Piers has over 30 years’ industry experience, including tenure as head of international equities at Kames Capital among other senior global investment roles.
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In managing the global equity team, Piers is supported by Matt Burgess who continues as head of quant strategies, co-head of UK equities Richard Marwood, and head of sustainable Mike Fox, as well as fund managers Bixuan Xu and George Crowdy, assistant fund manager Simon Davies and Royal London Asset Management’s analyst team.
Chief executive Hans Georgeson commented: “We remain committed to offering a first-class equity capability and will continue to invest in the team.”
