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Old Mutual Asset Management Lures Fund Manager From Rival
Wendy Spires
7 September 2011
Old Mutual Asset Management has recruited Royal London Asset Management fund manager Kevin Lilley to manage its £71 million ($115 million) European equity fund. Lilley, who joins Old Mutual next month, was formerly manager of Royal London’s £641 million European growth fund, having first joined the firm in 2001. In his new role he will report to Ashton Bradbury, head of equities. Old Mutual’s European equity fund has hitherto been being managed by its quantitative strategies team.