People Moves

Man hires former West Midlands CIO Judy Saunders to advise UK Institutional Team

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Man Group has appointed Judy Saunders as a senior adviser on a consultancy basis to its UK institutional team.

Saunders takes on the role after seven years as chief investment officer at the West Midlands Pension Fund, where she was responsible for developing the £8.7 billion fund’s innovative investment strategy. During that time, in response to increased volatility in investment markets, she reduced the fund’s allocation to quoted equities, increasing its alternatives allocation to 35% which included a 10% portfolio of absolute return strategies.

Paul Dackombe, head of UK institutional sales at Man said: “Judy’s experience at the West Midlands