Towers Watson has appointed Duncan Higgs to its delegated investment team following increasing demand for fiduciary management services, most recently from AQA, Shop Direct and the Merchant Navy Ratings Pension Fund. The company is now one of the world’s largest fiduciary managers and has delegated responsibility for over US$75 billion of assets worldwide. |
Duncan has almost ten years of industry experience and joins from Cardano where he was a senior investment consultant working on a range of UK pension schemes varying in size from £150 million to £10 billion in both fiduciary and advisory capacities. Prior to that he worked as an investment consultant at Towers Watson providing investment strategy and implementation advice to a range of pensions funds. Duncan is a CFA charter holder and has a MSc from Durham University. Ed Francis, EMEA head of Investment at Towers Watson, said: “We are delighted that Duncan has re-joined us and look forward to using his experience to continue to meet our clients’ expectations and develop our services for them. All the evidence points to continued growth in delegated services as asset owners increasingly consider how best to compete for scarce returns while dealing with challenging market conditions.” |
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