Standard Life and Aberdeen Asset Management have set out the structure of the investment management committee after they received shareholder approval for the merger.
Chaired by Rod Paris, chief investment officer of the combined group, the investment committee will be made up as follows:
|
Brian Fleming |
Global Head of Structured Solutions |
|
Devan Kaloo |
Global Head of Equities |
|
Craig MacDonald |
Global Head of Fixed Income (Credit, EMD and Aggregate Investing) |
|
Andrew McCaffery |
Global Head of Client-Driven and Multi-Manager Solutions |
|
Peter McKellar |
Global Head of Private and Infrastructure Equity |
|
David Paine |
Global Co-Head of Real Estate |
|
Sean Phayre |
Global Head of Quantitative Investing |
|
Mandy Pike |
Global Head of Investment Execution |
|
Guy Stern |
Global Head of Multi-Asset and Macro Investing |
|
Archie Struthers |
Global Head of Investment Governance and Oversight |
|
Pertti Vanhanen |
Global Co-Head of Real Estate |
The investment management committee’s members are expected to oversee the investment process, performance, capabilities and talent within their assigned asset classes. They are also tasked with setting the investment culture, the investment governance and risk framework across the business.
Co-CEO’s Keith Skeoch and Martin Gilbert (pictured left) will have standing invitations to go to the investment management committee’s meetings.
Alan Coutts, global COO, Ginny Richardson from the office of the CIO and Euan Stirling, global head of stewardship and ESG investing will regularly attend the meetings.
Hugh Young, although not on the investment management committee, remains as head of Asia and sits on the asset management executive committee.
Paris commented: ‘To create a world-class investment company, the investment team must be at the heart of our business. The combined Investment Management Committee (IMC) will play a vital role in achieving this.
‘The combined businesses have strong, complementary investment capabilities which will deliver greater investment insight and more choice for clients and customers. Together we will be broader and more diverse, respecting different investment philosophies and processes, incorporating the best talent and capabilities from both firms.
‘By combining our capabilities across equities, fixed income, multi-asset and solutions, real estate, private markets and hedge funds, we are creating a world-class investment company, with over 1,000 investment professionals and a truly global perspective.'
The move comes after both Standard Life and Aberdeen's shareholders agreed to the £11 billion mega-merger to create the UK’s largest active asset manager, running £670 billion of client funds, early this week.
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