Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

L&G hires three as it boosts misfiring UK special sits team

L&G hires three as it boosts misfiring UK special sits team

Legal & General Investment Management has hired Mirabaud UK equity manager fund Robert White as it builds up its active equity business.

White will be named a fund manager on the firm’s UK Special Situations fund, alongside Gavin Launder (pictured).

The fund has struggled in the last year, falling 15.2%, more than double the loss of IA UK All Companies benchmark.

Before joining Mirabaud in 2013, White was a senior associate within transaction services for PricewaterhouseCoopers.

‘We’re delighted to welcome Robert who will complement the team’s expertise and experience well,’ said Nick Hartley, co-head of active equities at LGIM.

‘He has typically focussed on in-depth fundamental analysis and constructed portfolios through bottom-up, stock selection throughout his investment career.’

LGIM also announced the appointments of equity analysts Stuart Briscoe and Brad Jacobs.

Briscoe will take up a role as an equity analyst to work on the firm’s UK and Europe growth portfolios, reporting to Gavin Launder.

He was previously at ICM Investment Management, where he covered emerging markets, having earlier worked at Sarasin and Henderson.

Jacobs also joins as an equity analyst and will focus on global income and real income strategies and, reporting to Nigel Masding.

He joined from Goldman Sachs where he was an associate in the investment banking division.

Rod Oscroft, co-head of active equities at LGIM, said: ‘These appointments will strengthen our expertise in equity markets globally and across the market cap.

‘We’ve seen continued demand from investors looking for actively managed, high conviction, equity strategies, especially as we move into a more volatile market environment.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Nick Hartley
Nick Hartley
49/186 in Mixed Assets - Balanced GBP (Performance over 1 year) Average Total Return: -0.75%
Nigel Masding
Nigel Masding
26/186 in Mixed Assets - Balanced GBP (Performance over 1 year) Average Total Return: -0.07%
Rod Oscroft
Rod Oscroft
155/157 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: -2.39%
Gavin Launder
Gavin Launder
77/157 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 15.39%
Citywire TV
Play Hugh Young: the buck stops with me on Asia recovery

Hugh Young: the buck stops with me on Asia recovery

The Veteran Asia Pacific fund manager discusses how he is going to improve the performance of Aberdeen Standard Asia Focus and the other investment trusts run by his team.

Play Tim Steer: fund managers will have to get 'stuck in'

Tim Steer: fund managers will have to get 'stuck in'

The second part of our film with former Artemis and New Star fund manager Tim Steer looks at how his profession has evolved over the past two decades.

2 Comments Play Tim Steer: how to spot a stock disaster coming

Tim Steer: how to spot a stock disaster coming

The former Citywire AAA-rated fund manager has written a book on 22 stock disasters and how forensic examination of annual reports could have spotted them coming.

Read More
Your Business: Cover Star Club

Coverstar club: wealth managers we grilled in 2018 - part 1

Coverstar club: wealth managers we grilled in 2018 - part 1

We featured more than 60 wealth managers from the length and breadth of the UK on our cover last year

Wealth Manager on Twitter