Paul Pasquill has been appointed as investment director at Standard Life Investments as well as the ...
Paul Pasquill has been appointed as investment director at Standard Life Investments as well as the named manager for the group's Global Advantage fund.
Pasquill, formerly head of investments at Halifax Fund Management, will be responsible for investment strategy, fund performance, risk monitoring and client liaison at the group.
The product range he will oversee includes Standard's 16 retail funds, which have a combined value of £1.5bn and 150,000 customers.
The frA rated Global Advantage, the largest fund in the group's range with assets of £800m, was formerly managed by John Brindle, who is now looking to focus more on his role as head of retail funds at the group.
The fund is currently ranked 16 out of 78 funds in the balanced managed sector judged on a bid to bid basis on returns of 2.0% for the three months ending 8 November.
Over three years the fund has returned 37.8%, compared to an average sector return of 35.9%, and is ranked 26 out of 59 an offer to bid.
As an investment director with Standard Life Investments, Pasquill will report directly to Alan Burton, managing director mutual funds.
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till