Legal and General Investment Management has announced new developments within its multi-index fund range, as its five risk-targeted funds surpass the £500m mark.
Andrej Pioch joined LGIM’s multi-asset team in July 2014 and has been promoted to co-fund manager to bolster the team’s capabilities as demand for the range increases. He will work alongside lead manager Justin Onuekwusi.
He joins Bruce White and Martin Dietz as the third co-manager to Mr Onuekwusi on this fund range.
Mr Pioch joined LGIM’s multi-asset team in July 2014 as a fund manager from Aviva Investors.
In this role, he was responsible for developing long-term return and risk assumptions across major asset classes, providing advice on dynamic strategic asset allocation of multi-asset portfolios and managing a range of retail income funds and peer-aware multi-asset funds.
LGIM has also reduced the fund management fee for the Multi-Index four, six and seven funds from 0.32 per cent to 0.31 per cent, bringing them in line with those of the Multi-Index three and five funds.
Mr Onuekwusi, lead fund manager on LGIM’s multi-index fund range, said: “Andrzej and I have worked together for many years.
“The excellent support he has provided to the fund range since he joined has been a key part of its success, and I’m confident this will continue within his new role as co-manager.”
ruth.gillbe@ft.com
