The news comes the day after it was announced that Greetham had left his role as asset allocation director at Fidelity Worldwide, and marks the latest in a series of moves made by the firm to bulk up its multi-asset offering.
Following from the appointment of Piers Hillier as CIO to replace Robert Talbut which was announced in November 2014, the group launched an Absolute Return Government Bond Fund in December, which it said on Tuesday “introduced RLAM’s absolute return capabilities to the broader market.” Then, earlier this month, the group announced it had taken on the running of The Co-operative Asset Management’s property portfolio from Axa Real Estate further expanding its growing property team.
According to RLAM, as head of multi asset, Greetham will report to RLAM CIO, Piers Hillier, and manage a team of multi-asset specialists “tasked with managing existing assets and developing new asset allocation solutions for institutional and retail clients.”
Hillier said the move marks an important phase in RLAM’s development, explaining: “By appointing an experienced asset allocator like Trevor, we hope to be able to extend multi asset capabilities to all investors. We feel that multi asset strategies will be an important growth area over the long term and this new hire is key to bringing this opportunity to all of our clients in the future.”
