Investec Asset Management has appointed Iain Cunningham as a Portfolio Manager in its established multi-asset team. Cunningham brings an extensive track record dedicated to multi-asset investment, most recently at Schroder Investment Management.
Cunningham will report to Michael Spinks, co-Head of Multi-Asset Growth at Investec Asset Management. The range of solutions managed by the 31-strong team includes total return and relative return growth strategies, as well as defensive income.
Michael Spinks, co-Head of Multi-Asset Growth, says: “We are excited about Iain joining the team given the asset allocation skills and experience that he brings with him. In addition to portfolio management responsibilities, Iain will help to develop Investec’s multi-asset capabilities globally, with a specific focus on our long-standing relative return growth strategies.”
Cunningham joins from Schroder Investment Management where he spent nine years in investment management roles within the multi-manager and multi-asset investment teams – he co-managed the Schroder ISF Global Multi-Asset Income Fund and the Global Multi-Asset Allocation Fund. Additionally, he managed Global Tactical Asset Allocation mandates; was instrumental in developing Schroders’ Multi-Asset Income franchise; and led currency research for the multi-asset team.
"With today’s low growth environment and uncertain economic backdrop, clients are increasingly looking to target investment outcomes based on risk and return,” says Spinks. "Having managed multi-asset portfolios for over 25 years, our core investment capabilities are firmly established, and Iain will play a key role in helping us to continue to seek strong results for our clients.”