Psigma Investment Management has hired Rory McPherson as head of investment strategy.
In the newly-created role, McPherson will oversee asset allocation and manage relationships with intermediary partners.
McPherson joins from Russell Investments where he was a multi-asset portfolio manager for the past 10 years.
Psigma Investment Management’s chief investment officer Tom Becket says: “Rory’s dynamic approach to asset allocation will be highly complementary to our existing investment team, which has an appropriate balance of experience and youth.
“The role of an investment team in a centralised investment process has got progressively harder over the last few years. Rory’s assistance will be invaluable in both devising an appropriate asset allocation in challenging market conditions, combined with working with our external intermediary partners.”
McPherson adds: “These are interesting and changing times for the industry and Psigma is really well equipped to continue to thrive in the next phase and beyond. I’m looking forward to making my mark and being a part of the firm’s long-term growth.”