Threadneedle appoints head of multi-asset
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Threadneedle Investments has appointed Toby Nangle as head of multi-asset.
Nangle will work closely with the existing asset allocation team in a bid to bolster the range and improve the existing franchise. He will work alongside head of managed funds Alex Lyle.
Nangle was a director of both the multi asset and fixed income teams at Baring Asset Management.
Nangle joins in January 2012 and reports to chief investment officer Mark Burgess.
Burgess says: “Multi-asset funds are increasing in popularity as a core holding among institutional and retail investors and Toby brings with him a proven track record in this area. Our robust multi-asset product range is supported by good long term performance and clear ambitions for the future.”
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