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Delaware Investments appoints Shawn Lytle as President

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Delaware Investments, a member of Macquarie Group, has appointed Shawn Lytle as President, effective 1 June, 2015. Lytle joins rom UBS Global Asset Management where he worked for 13 years, most recently heading its business in the Americas for the past five years.

Ben Bruck, Chairman of Delaware Investments and Global Head of Macquarie Investment Management, says: “We are very pleased to name Shawn as the next leader of Delaware Investments. He is well suited to embrace and promote everything that distinguishes Delaware from the competition – our multi-boutique structure, entrepreneurial approach to management and our leading platform. Shawn has significant experience managing and attracting investment talent, and also driving business strategy. He sees the potential to continue to build Delaware Investments’ market share in the US, while also promoting the ongoing growth of our international cross-border business.”

Lytle will succeed Patrick Coyne, who, as previously announced, will retire later this year. Lytle will also assume Coyne’s responsibilities as Regional Head of Macquarie Investment Management for North America. Coyne will remain at Delaware Investments through September 30 to assist in the leadership transition.

“I am proud to be joining Delaware Investments,” says Lytle. “I have long admired Delaware’s boutique investment culture, strong investment performance, and growth in assets under management. I am looking forward to joining the team and excited to be working with the high-caliber talent at Delaware to further expand the platform. We can continue building on their long track record of success.”

Lytle joined UBS Global Asset Management in 2002 in London as a global portfolio manager, and then served as Deputy Global Head of Equities prior to taking on his current responsibilities. Before UBS, he worked at JP Morgan Asset Management for 10 years in a variety of roles; including as a global equity portfolio manager and as part of the initial sales team establishing the external US mutual funds business.

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