Chris Teschmacher, former head of the asset allocation specialist team at Legal & General Asset Management, has joined St. James’s Place in the newly created role of director of the CIO office.
The move reunites Teschmacher with SJP CIO Justin Onuekwusi, who worked together in the multi-asset team at L&G for eight years, before Onuekwusi left to join SJP in October 2023.
As director of the CIO office, the pair will work closely to help lead the development of SJP’s investment business, supporting governance, investment processes and the continued evolution of the firm’s investment proposition.
According to SJP, Teschmacher will also lead the development and delivery of SJP’s investment narrative, while overseeing the investment and product specialist teams.
“Drawing in his experience at L&G, Chris brings valuable knowledge and expertise that will strengthen the CIO office, support the continued development of our investment proposition and enhance how we engage with clients and partners,” said Onuekwusi.
With more than two decades of in the industry, Teschmacher has experience across a range of asset classes and roles. Before joining L&G as a fund manager in the asset allocation team in 2015, he worked at HSBC Global Asset Management for over six years, where he was latterly a hedge fund and multi-asset product specialist.
“After 11 years at L&G, I’m proud of what I’ve achieved and excited to start a new chapter with SJP,” said Teschmacher. “The firm has a distinctive investment approach, a strong focus on client outcomes and clear ambitions for the future.
“I look forward to working with Justin and the wider team to help shape the continued evolution of the investment proposition, strengthen engagement with partners and clients, and support the long-term success of the investment business.”
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