People Moves
Legal & General Investment Management Appoints New Head Of Institutional Business

Legal and General Investment Management, an institutional asset manager based in Europe, has appointed a new head of institutional business, Sarah Aitken, for Europe and the Middle East.
Legal and General Investment Management has appointed a new head
of institutional business, Sarah Aitken, for Europe and the
Middle East. She takes on much of the work previously performed
by Hugh Cutler, who has left the firm.
The firm said the appointment will aid institutional asset
manager LGIM’s business expansion strategy. Aitken, who was
previously head of distribution at Insight Investment Management
and a managing director at Merrill Lynch Investment Management,
is set to join LGIM this September.
“There is considerable momentum behind LGIM’s continued business
expansion,” Mike Cranston, global head of distribution at the
firm, said in a statement. “Sarah will take the lead on our
distribution strategy for future growth,” he added.
LGIM is a European institutional asset manager and global
investor, managing over £463 billion ($793.4 billion) in assets
for over 3,000 clients as of March 2014. Clients of the firm
include wealth management organisations.