He joins from Credit Suisse where he was chief investment officer of multi-asset-class solutions in the UK and the US. He will be responsible for the asset allocation of 60bn of assets held within Standard Life’s multi-asset portfolios and will report to the group’s head of multi-asset investing Euan Munro.
Standard Life’s multi-asset team is split into three business divisions, with strategic research headed by Andrew Milligan, risk analysis managed by Julian Coutts and Stern managing the multi-asset management portion.
Munro says: “In our recruitment search, we were looking for a candidate with a depth of market experience and expertise who would quickly command the respect of both his high quality team and our clients and I am in little doubt that Guy will fulfil this role.
“Every level of our investment process will benefit from his contribution, from investment idea origination through portfolio construction and implementation. We are delighted to have him on board.”