US investment firm Delaware Investments, part of Macquarie group, has appointed John Leonard as head of Equities.
He is responsible for providing strategic oversight of the firm’s nine US-based equity investment teams. In addition, he serves as global chair of equities for Macquarie Investment Management.
Based in Philadelphia, Leonard reports to Shawn Lytle, president of Delaware Investments.
He will also sit within the global management committee led by Ben Bruck, global head of Macquarie Investment Management.
Leonard joins from UBS Global Asset Management where he held a number of roles including global head of Equities, having begun his career at Brinson Partners, a predecessor of UBS.
“John is a preeminent money manager who has significant experience leading equity teams with different investment styles,” said Lytle.
“He is a strong fit with our multi-boutique investment culture and I am confident under his leadership we will continue to provide diverse equity offerings that best meet the varying needs of our global clients,” he added.
Delaware Investments managed $167.2bn (€158.4bn) in assets under management as of 31 December 2016.