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Canada Life AM appoints multi-asset manager from Canaccord Genuity

Canada Life AM appoints multi-asset manager from Canaccord Genuity

Canada Life Asset Management has appointed Jordan Sriharan as a fund manager in its £3.4bn multi-asset business.

Sriharan joins from Canaccord Genuity Wealth Management where he was head of managed portfolio service for eight years, and responsible for the management of £700m in active and passive risk-profiled multi-asset funds for private clients, charities, foundations and pension funds.

Prior to his role at Canaccord Genuity, Sriharan managed defined benefit corporate pension funds at Mercer, when he joined as an investment analyst focusing on fund research, asset allocation and long-term investment strategies. 

He has also held positions at Wellcome Trust and Fidelity. 

David Marchant, chief investment officer at Canada Life Asset and managing director of Canada Life Asset Management, said: “We are delighted to appoint an investment professional of Jordan’s calibre to significantly strengthen Canada Life Asset Management’s multi-asset team. 

“Having developed and managed risk-profile multi-asset approaches for a number of years, Jordan is a valuable addition as we continue to strengthen our long-term investment strategies and capabilities.”

Sriharan will be working alongside head of multi-asset Craig Rippe to develop and manage a range of mixed-asset investment strategies for advisers, discretionary fund managers and institutional investors. 

The strategies include a suite of five risk-targeted, globally diversified portfolio funds rated III-VII, and three risk-managed funds in the IA Mixed Investment 0-35 per cent, 20-60 per cent and 40-85 per cent sectors. 

He will also be managing the LF Canlife Diversified Monthly Income Fund, which invests globally to provide monthly income and capital growth over the longer term.

Commenting on the new role, Sriharan said: “With its background as a manager of insurance assets, Canada Life Asset Management has a culture of risk management that aligns closely with my own approach to investment. 

“I am also very much looking forward to being able to draw on the cross-asset expertise and insights of Canada Life Asset Management’s fixed income, equities and property teams.”

sonia.rach@ft.com

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