PEOPLE MOVES: Aegon AM, Schroders, Abrdn, Amundi, Lazard AM, Goodhart Partners, Jupiter AM

Richard Oldfield steps into CEO role

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Aegon Asset Management

Neil Goddin has returned after four years away, stepping into the newly-created role as head of equities and multi-asset, our sister title Portfolio Adviser has learned.

He previously spent eight years at Kames Capital (now Aegon AM), where he managed sustainable and global equity portfolios.

An Aegon spokesperson told Portfolio Adviser his record of managing both global and responsible portfolios alongside his previous experience at the firm made him “an ideal candidate” for the role.

Meanwhile, current head of equities Philip Haworth has left the firm. He has co-managed the £160m Aegon UK Equity fund since 2015.

Schroders

The company has now confirmed that chief financial officer Richard Oldfield will the successor to Peter Harrison as the firm’s CEO, according to a stock exchange announcement.

Harrison’s decision to retire next year was announced in April, prompting the global search for a successor, including internal and external candidates. He took on the role in 2016.

Oldfield joined the firm last October after three decades at PwC, where he held a range of senior roles and reported directly to the global chair.

Abrdn

Former chief financial officer and current interim group CEO, Jason Windsor has been appointed the firm’s official group CEO.

The announcement comes three and-a-half months after former CEO Stephen Bird stepped down, amid abrdn’s “strategic repositioning” towards becoming a specialist asset manager.

According to the firm, an external search for a permanent group CEO took place alongside a formal succession process. 

Amundi

The fund manager has selected Philippe d’Orgeval to become deputy group chief investment officer, bringing nearly 30 years of experience to the role.

D’Orgeval has been CEO of Amundi UK since he joined in December 2020. Previously, he spent 15 years at AXA Investment Managers, where he began as head of fund research and became head of AXA IM UK in 2016. He also held positions at Pargesa and Rothschild Gestion, where he began his career in 1995.

Lazard Asset Management

The firm has appointed State Street Global Advisor’s Robert Forsyth as global head of ETFs as the company builds out its active ETF capability.

Forsyth was global head of ETF strategy at State Street, which has a $1trn ETF business.

He has spent over 20 years working with exchange traded products and held positions in product, investment and sales strategy. He spent over a decade at State Street and previously at UBS Wealth Management.

Goodhart Partners

The firm has hired Craig Goodsir and Harry Schofield as business development executives.

Goodsir was formerly at Schroders, while Schofield joins following a spell as a relationship manager at Azure Asia.

The duo will be tasked with driving Goodhart’s continued growth in the UK wholesale channel, supporting Goodhart’s new investment teams and its existing partners, Asset Value Investors (AVI) and Global Opportunities Trust.

Jupiter Asset Management

Head of emerging market debt Alejandro Arevalo is exiting the firm after eight years.

He co-manages Jupiter’s range of EMD funds, which total £572m assets under management.

Arevalo joined Jupiter from Pioneer Investments, now Amundi, in 2016.

His fund management responsibilities will be taken over by co-manager Reza Karim, who will also become the firm’s head of EMD.