Trevor Greetham has joined Royal London Asset Management as head of multi-asset.
Mr Greetham is set to leave Fidelity, where he has been head of asset allocation for the past nine years and runs a range of multi-asset funds, at the end of January.
He will join Royal London in April and will be tasked with expanding the firm’s range of multi-asset funds.
Royal London said Mr Greetham would develop “new asset allocation solutions for institutional and retail clients”.
The firm said: “The hire forms a significant part of RLAM’s ambition to broaden its investment expertise and product offering within the multi asset space.”
The hire of Mr Greetham follows on swiftly from Royal London hiring Piers Hillier from Kames Capital to be its chief investment officer.
Prior to joining Fidelity, Mr Greetham had been head of asset allocation at Merrill Lynch.
Fidelity has said Kevin O’Nolan, who is currently the assistant portfolio manager for most of the multi-asset funds, and Nick Peters will takeover for Mr Greetham as lead managers on the retail funds.
