Thu, 23/01/2014 - 06:30
Martin Brookes has joined Legal & General Capital (LGC) as director of investment strategy.
He will be responsible for delivering investment strategies for the group’s GBP56bn principal balance sheet, including LGC’s GBP4.5bn asset base, whilst maintaining the solvency and liquidity requirements of the group.
Brookes (pictured) previously spent 27 years at the Prudential where for the last 14 years he was director of portfolio management in the Prudential (UK) portfolio management group. In this role he had asset allocation and manager oversight responsibility for approximately GBP80bn of multi asset funds including the with profit life funds, a range of pooled pension target return funds and multi asset collectives.
Paul Stanworth, managing director of Legal & General Capital says: “I am delighted that Martin has accepted the role within Legal & General Capital. Investment markets are in the midst of fundamental change and Legal & General itself is moving into new areas which are critical to grow our businesses. Martin’s experience and integrity will be of huge value to us as we move forward into this exciting phase of Legal & General’s future.”
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