MLC recruits new portfolio manager

10 May 2011
| By Milana Pokrajac |

Jonathan Armitage has joined MLC Investment Management as portfolio manager, moving from Schroders’ global equities division in London.

He had worked as global equities expert for Schroders, gaining 18 years experience in equities across several international markets including New York.

Most recently he was head of US Equities and a global portfolio manager as part of a team managing US$12 billion in assets.

Armitage will start on 1 August and report to MLC chief investment officer Nicky Richards, who joined MLC in January from Fidelity in London.

According to Richards, the appointment of Armitage completes a wave of enhancements to MLC’s portfolio management team across the major asset classes.

Richards also foreshadowed enhancements to MLC’s range of investment products.

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