L&G hires head of distribution for global financial institutions

L&G brings on Amundi’s Ashley Fagan

Ashley Fagen
Ashley Fagen

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L&G has added Amundi’s Ashley Fagan to its global asset management client distribution team, as head of distribution for global financial institutions.

Fagan (pictured) spent the past near-six years at Amundi, where she became head of global strategic clients for distribution and wealth. She previously spent 10 years at BlackRock working on distribution for iShares ETF and Index Investing.

At L&G, Fagan will report to chief client officer Sarah Aitken and focus on growing partnerships in the US, as well as the more established connections with UK, Europe and Asia markets.

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“I am delighted that Ashley has decided to join us at such an exciting time. Our global asset management business has a key role to play in helping us fulfil our strategy built on sustainable growth, sharper focus and enhanced returns,” Aitken said.

“As we continue to diversify our client coverage and investment capabilities, Ashley brings global expertise and strong relationships; we are very excited to welcome her to the team.”

L&G said it has restructured the team in the last decade to place offices in “key international markets” and has recently realigned the distribution team geographically for Asia, continental Europe, the UK, and the US.

“I’m delighted to be joining L&G’s Asset Management team at this pivotal time for the firm,” Fagan said.

“Given its reputation and pedigree across different asset classes, I believe that L&G’s capabilities across public and private markets, and the commitment to investing in opportunities that serve the long-term needs of society, offer a real opportunity for expanding relationships globally with this key segment of the market.”