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Resolution appoints McAleese to UK equities desk

Resolution Asset Management has appointed Gary McAleese as investment manager on its UK equities desk.

McAleese has nine years investment experience and was previously at Aberdeen Asset Management where he was co-manager of the £475m Murray income trust since early 2005. He also ran the group’s Edinburgh managed fund between 2003 and 2005.

Prior to that he was a member of the US equity team at Edinburgh Fund Managers before it was subsequently taken over by Aberdeen.

He will be responsible for covering a number of specific sectors across retail and institutional business at Resolution and will also take on specific fund management responsibilities.

Resolution Asset Management chief investment officer Peter Reid said: “Following the recent successful take on of assets, first from Resolution and then Abbey Life, we now have over £60bn assets under management of which around £8m is in actively managed UK equities.”

“We are committed to developing and strengthening our teams and attracting the highest quality investment talent. Securing a manager with Gary’s credentials is a clear demonstration of this.”

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