Investec Asset Management has appointed Iain Cunnigham as portfolio manager within its multi-asset team.
He will report to Michael Spinks, co-head of Multi-Asset Growth at Investec Asset Management.
The multi-asset team, gathering 31 employees, focuses on various solutions such as total return, relative return growth strategies and defensive income.
Cunningham joins from Schroder Investment Management where he held investment management positions during nine years within the multi-manager and multi-asset investment teams.
Among others, 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.
As at end May 2016, Investec AM had $109bn (€96.7bn) in assets under management.