Brunel Pension Partnership has named David Vickers as its new chief investment officer.
Following a competitive selection process, Vickers was the stand-out candidate for his institutional experience, multi-asset expertise and commitment to responsible investmentm the investment pool announced.
Vickers will fill the position left empty by Mark Mansley, who announced his resignation last May – a role Mansley had for three years.
At the time Laura Chappell, Brunel’s CEO, said Mansley was leaving to ”pursue other opportunities”.
Vickers is currently head of multi-asset, EMEA, at Russell Investments, a position he has held since 2013, where he has managed a team responsible for £12bn (€13.3bn) in assets under management across both defined benefit and defined contribution pension schemes.
Prior to that, he was a partner at Sarasin & Partners, where he worked as a multi-asset manager. He had previously worked as investment manager at Baring Asset Management.
Vickers’ ”considerable experience and expertise in multi-asset investing makes him a particularly good fit for Brunel”, the pension asset pool said – the firm has already launched several listed market and private market funds.
As CIO, Vickers will have overall responsibility for Brunel’s teams across listed markets, private markets and responsible investments.
Chappell said: “David is the ideal candidate to lead our high-performing investment team into Brunel’s next phase, as we approach completion of our fund launches. His experience with several major investment houses, as well as his multi-asset acumen, make him a great fit.”
Vickers added that he is looking forward to working within the framework of an asset owner, and alongside Brunel’s LGPS partners, “building not just on the impressive investment performance, but also on the market-leading commitment towards integrating sustainable principles in the stewardship of its capital.”
He will begin his new role in the New Year.