Royal London Asset Management (RLAM) has appointed William Nicoll (pictured) as head of private assets.
In the newly-created role, Nicoll will be responsible for the firm’s private market investment strategies as it looks to expand its capabilities in the sector.
He joins from M&G, where he held the role of private and alternative assets CIO, leading a team that managed around £70bn assets.
Nicoll also held roles as co-head of alternative credit and head of institutional fixed income at M&G.
Piers Hillier, CIO at Royal London Asset Management, said: “As part of our continuing commitment to deliver best-in-class investment solutions and services to our clients, we place significant focus on carefully assessing markets to identify where the most attractive opportunities lie and how investors can best access these.
“We believe that private markets have an important role to play in portfolios, with current market conditions providing a very conducive entry point for our business as we seek to expand our range of capabilities into this space.
“Will brings extensive experience and a proven track record of building and managing investment capabilities in this area, and we believe his experience will be invaluable to our clients as we embark on this exciting new initiative.”
See also: GAM’s Elmar Zumbuehl appointed CEO