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Russell Investments Appoints Head Of EMEA Asset Allocation

Seattle-headquartered global asset manager, Russell Investments, has appointed Mirko Cardinale as head of asset allocation, Europe, Middle East and Africa,
Seattle-headquartered global asset manager,
Russell Investments, has appointed Mirko
Cardinale as head of asset allocation, Europe, Middle East and
Africa, the company said in a statement.
Cardinale joins from
Aviva Investors where he was head of strategic asset allocation
for four years
and the lead fund manager for the company’s UK with-profits and
diversified
growth funds. Prior to this, he worked at Watson Wyatt (now
Towers Watson)
where he started as an economist before undertaking the role of
senior
investment consultant between 2002 and 2007.
“He is an extremely
capable and experienced individual with a strong background in
implementing
asset allocation models to improve long-term investment
performance,” said
Cristophe Caspar, chief investment officer of multi-asset
solutions and EMEA.
This is the third in a
series of recent high-profile hires for its multi-asset group. He
joins David
Vickers, who in November joined the multi-asset team as a senior
portfolio manager,
and Rob Hall who also re-joined the team in October.
Russell
Investments has more than
$246 billion in assets under management as of 30 September 2013.