Legal & General Investment Management (LGIM) has appointed Philipp Graf von Königsmarck as head of Wholesale Sales, Germany, as part of its strategy to expand its European operations.
Graf von Königsmarck will oversee the distribution of LGIM’s Ucits fund ranges in Germany, including active fixed income SICAVs, the growing index ICAV range and the recently acquired ETF range. He will work closely with LGIM’s existing institutional business development team in the Frankfurt office and report to LGIM’s Head of Retail Distribution, EMEA, Simon Hynes.
He joins LGIM from Fidelity where he spent 13 years managing two sales teams as head of IFA Sales and head of family offices and independent wealth managers.
Graf von Königsmarck said, “LGIM already has an established institutional presence in Germany so is well positioned to expand and develop its position within the wholesale market. We believe there will be particular client interest in our global fixed income expertise, in our index and active funds as well as our ETF range.”
Honor Solomon, head of Retail, EMEA at LGIM added, “We have been steadily building our product offering for European investors over the past three years. As well as educating investors about our range of active and passive funds and ETFs, as an asset manager our focus is on delivering long term sustainable returns, strong governance and a responsible approach to investing. Graf von Königsmarck’s appointment in Germany is one further step towards broadening our reach in furthering our ambitions in Europe.”
LGIM announced plans to expand the business as part of its broader growth strategy in Europe, following the acquisition of the European Exchange Traded Fund (ETF) platform, Canvas in March 2018.