International talent joins MLC Investment Management

International talent joins MLC Investment Management

MLC Investment Management continues to attract international investment talent with global equities expert Jonathan Armitage the latest to join the company from the United Kingdom.

Mr Armitage joins MLC as Portfolio Manager, Global Equities from Schroders in London where he specialised in global equities. He has eighteen years experience in equities across several international markets and has worked in New York, London and Sydney.

Most recently he was Head of US Equities and a Global Portfolio Manager as part of a team managing US$12bn in assets. He has a strong and consistent track record with his strategies achieving results in the first quartile over one, two and three year periods.

Mr Armitage will start on 1 August and report to MLC CIO Nicky Richards, who joined MLC in January from Fidelity in London.

According to Ms Richards, the appointment of Mr Armitage completes a wave of enhancements to MLC’s portfolio management team across the major asset classes.

“In the last couple of years we have implemented a number of changes to the management of our major asset class portfolios. We now have a team of leading asset class experts who, combined with Dr Susan Gosling managing asset allocation, represent one of the strongest line-ups in the Australian investment market.”

Ms Richards also foreshadowed enhancements to MLC’s range of investment products.

“There continue to be compelling reasons why the manager of manager approach is best for clients and over the next 12 months I will be exploring ways to highlight these benefits and make the funds even more attractive to advisers and investors.”

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