UK – TRW Investment Management has appointed Roisin Magee to replace managing director William MacDougall, who left abruptly earlier this year.

Magee was formerly head of European equities at Insight Investments, and is due to join TRW Investment Management on August 4.

Jeremy Brown has been overseeing MacDougall’s role in the interim period.

TRW Investment Management is the in-house manager of the four billion pound (5.6 billion euro) Lucas pension fund. MacDougall became managing director in January 2001.