Old Mutual Asset Management has poached Kevin Lilley to manage its £71m European equity fund.
Lilley joins from Royal London Asset Management where he manages the £641m European growth fund. The fund is currently top quartile in the IMA Europe ex-UK sector over three years.
Lilley joined RLAM in 2001 and has over 20 years’ experience in the asset management sector.
OMAM’s European equity fund is currently managed by its quantitative strategies team.
Lilley joins OMAM next month and will report to head of equities Ashton Bradbury.
Bradbury (pictured) says: “Kevin’s experience and track record in European equities provides us with an exciting addition to our fund manager team to develop our range of equity funds. We are very confident that, with a continuation of his high conviction approach and excellent track record, over time we will be able to achieve significant market share in this sector.”