Royal London Asset Management has announced an expansion of its equities team with a raft of hires.
Richard Saldanha, Francois de Bruin and Matt Kirby have joined its equity team after leaving Aviva Investors in August.
Saldanha will be lead manager of the Royal London Global Equity Income fund and a manager on the Global Equity Select fund after spending 18 years at Aviva Investors.
Most recently he was global equity fund manager responsible for over £1.5bn in assets under management.
De Bruin joins as lead manager on the Royal London Global Equity Select fund, while Kirby will manage the Royal London Global Equity Income fund alongside Saldanha.
Saldanha said: "I look forward to working alongside the talented investment team at Royal London Asset Management and applying my experience of running global equity funds over nearly two decades to the global equity corporate life cycle investment process.
"The experience of the team, and our consistent process, will stand us in good stead to focus on delivering good outcomes for clients across the economic cycle.”
Alongside the trio from Aviva, Mike Fox has been appointed head of equities after 11 years with the firm.
He is expected to continue to lead on Royal London's sustainable investment funds, supported by the 10-strong sustainable investment team.
Royal London Asset Management’s chief investment officer, Piers Hillier, said: "With his proven track record of leadership and mentoring, Mike was the natural choice to head up the equity team in the next stage of its development.
"Mike has built our sustainable investment funds into a world-class investment proposition over the past 20 years and has delivered consistent investment returns for clients."
tara.o'connor@ft.com
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