Henderson has appointed Mercer Investment Consulting partner Paul O’Connor as a director of its multi-asset team.
O’Connor, who joins the team later this month, will work across the £5.4bn multi-asset range and will contribute to asset allocation and product development.
He will report to Henderson head of multi-asset Bill McQuaker.
Prior to working at Mercer Investment Consulting, O’Connor spent 14 years at Credit Suisse as a strategist and proprietary trader where he was responsible for investing in equities, ETF’s, government bonds, FX and commodities.
O’Connor fills the void left by former director of multi-asset Tony Lanning, who left this month to join JP Morgan Asset Management to run its new multi-manager venture.
The appointment is the second addition to the Henderson multi-asset team in as many months, following the hire of James De Bunsen from Armstrong Investments as a fund manager in December.
McQuaker says: “During the course of his career Paul has built a complete set of asset allocation skills spanning fixed income, equities, cash and alternatives. Having worked with Paul for a number of years at Credit Suisse I am very familiar with how he operates. Given the team approach we take, his collegiate style will be extremely valuable.”
Chelsea Financial Services managing director Darius McDermott says: “Henderson said it would strengthen the team following Tony Lanning’s departure and this is evidence of that.”