Eastspring names former Pimco MD Maisonneuve as CIO

Eastspring names former Pimco MD Maisonneuve as CIO

Eastspring Investments has announced well-known Asian asset management figure Virginie Maisonneuve as its new chief investment officer.

The US$140bn Asian investment management arm of Prudential plc announced the appointment in a statement earlier today.

Reporting to Eastspring chief executive Guy Strapp, Maisonneuve, who was most recently managing director, chief investment officer of equities at Pimco, will be responsible for managing all investments at Eastspring. This includes the firm’s equity, fixed income, asset allocation, private equity, infrastructure and onshore investment offerings.

Maisonneuve has almost 30 years of global asset management experience and will start her new role on 11 January 2017. This role was previously undertaken by Strapp, but due to the growth in the business, it was decided that now was the time to appoint a senior investment professional who will focus solely on managing the firm’s investments, Eastspring told International Investment.

Prior to her role at Pimco, Maisonneuve was the head of global equities, director and portfolio manager for more than 10 years at Schroders. She has also been a portfolio manager at a number of other asset management firms, including Clay Finlay, State Street Research, Batterymarch and Martin Currie and was one of the first investors to launch a China equity fund in the US.

Investment expertise

“We are delighted that a person of Virginie’s talent is joining Eastspring,” said Strapp. “Virginie’s experience in managing global, European, emerging marketing, Asian and Chinese equities will be critical to the future success of our business and the development of our investment expertise. We also look forward to the contribution she will make to our global business strategy.

Tony Wilkey, chief executive, Prudential Corporation Asia, said that working with “an investment professional of Virginie’s calibre will be an immense opportunity” for the business going forward.

Maisonneuve holds a Bachelor’s degree in political economics from the People’s University, Beijing, and a Master’s degree in Mandarin Chinese from Dauphine University in Paris.  She is chair of the CFA’s UK Gender Diversity Network and a member of the Advisory Council of the International Crisis Group.

Eastspring is the region’s largest retail manager with US$140bn in assets under management.