Mediolanum Asset Management appoints new Equity Portfolio Manager

The European asset management platform of Mediolanum Banking Group, Mediolanum International Funds Ltd (MIFL), has appointed Patrick McKenna as a new Equity Portfolio Manager within its Multi Manager team. v

Based in Dublin, McKenna will report to Eoin Donegan, who is heading the Equity Multi Manager portfolio management team.

McKenna will primarily focus on portfolio management across the firm’s multi manager strategies, while also working closely with the manager selection team. He will be involved across all areas of the investment process, from asset allocation, to fund selection and portfolio construction.

McKenna’s most recent role was at the leading UK wealth manager, Saunderson House, where he led the company’s manager selection and macroeconomic research on European, Asian and Emerging Market equities. This included constructing best ideas model portfolios for each region, working closely with the head of investment.

McKenna started his career in banking with Goldman Sachs before moving to Aon where he worked in the delegated investment team for over five years. Here he managed institutional portfolios for a broad range of clients from small defined benefit pension schemes to large government backed investment programs. He also focused on constructing and managing high conviction multi manager equity funds, while at Aon.

Christophe Jaubert, Chief Investment Officer at MIFL, says: “Patrick is the most recent in a line of appointments we have made in our investment division. He is a valuable addition to our multi manager team, with the investment, research, selection and portfolio construction skills and track record to play a role in the wider investment team and capability. We believe that our success in hiring such great professionals is proof positive of our growth ambitions, and is evidence that we can attract the best talent available in the marketplace”