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Thornburg expands London team as UCITS assets surpass US$645m

by Funds Europe
16 April 2026
Thornburg expands London team as UCITS assets surpass US$645m
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Thornburg Investment Management has bulked up its international distribution team as assets in its Ucits platform have more than doubled over the past 12 months, increasing from US$316 million to more than US$645 million as of 31 March 2026.

The growth reflects rising global demand for actively managed strategies delivered through the Ucits structure, which continues to serve as a preferred vehicle for international investors seeking high-quality, differentiated investment solutions.

To support this momentum across the UK, Europe and selected international markets, Thornburg has appointed Andrew Patterson as director of UK/EMEA business development. Based in the firm’s London office, he reports into Jon Dawson, head of the UK office, and focuses on deepening relationships with institutional and intermediary clients across the region.

Thornburg has also appointed Albert Maruri as director of US offshore sales, further strengthening the firm’s distribution capabilities across international wealth markets. Based in Miami, Maruri will work closely with financial advisors and intermediaries serving non‑US investors, expanding access to Thornburg’s investment strategies across key offshore markets.

“Building long‑term partnerships is central to how we grow internationally,” said Jonathan Schuman, head of international at Thornburg. “By expanding our on‑the‑ground presence in key markets, we are better positioned to work closely with clients, understand their evolving needs and connect them with Thornburg’s high‑conviction investment strategies.”

The appointments come as Thornburg’s UCITS platform continues to gain traction with investors. The firm’s five UCITS strategies have benefited from sustained inflows and investment performance, with the Equity Income Builder Fund serving as a primary driver of recent growth, reflecting strong demand for global, income-oriented solutions.

This momentum follows a series of enhancements to Thornburg’s UCITS range, including new share class launches, fee reductions and the reclassification of select strategies under Article 8 of the EU Sustainable Finance Disclosure Regulation. Together, these initiatives have improved accessibility for European investors while reinforcing Thornburg’s commitment to active management, a benchmark‑agnostic investment philosophy and long‑term outcomes.

The Ucits platform represents a key pillar of Thornburg’s long-term international growth strategy as the firm continues to expand its global footprint and serve clients across an increasingly diverse set of markets.

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