Threadneedle Investments, an international asset manager with a presence in 16 countries, has appointed Craig Nowrie as client portfolio manager in its multi-asset allocation team, effective 30 June.

Threadneedle Investments, an international asset manager with a presence in 16 countries, has appointed Craig Nowrie as client portfolio manager to its multi-asset allocation team, effective 30 June.

Nowrie will be based in London and reports to Toby Nangle, head of multi-asset allocation.

He joins from Aon Hewitt, where he was a senior research consultant covering asset classes including multi-asset, diversified growth, global equity, fund of alternatives and currency. Prior to that, he was a senior analyst for HSBC Actuaries & Consultants.

“The recent UK pension reforms could be a game-changer for fund managers, particularly in multi-asset which provides retiring people with a viable option to invest and manage their pension pots,” said Nangle.

“With approximately 40 per cent of Threadneedle’s assets in some form of asset allocation mandate, we have an established and successful offering in this space. Craig brings a wealth of knowledge on multi-asset, and his insights will help us tackle the challenges facing today’s investors and deliver solutions in an area of increasing demand,” Nangle added.