Duncan Higgs rejoins Towers Watson

Duncan HiggsTowers 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 $75 billion (€70.6 billion) of assets worldwide.

Higgs has around 10 years of experience. He joins from Cardano, where he was a senior investment consultant working on a range of UK pension schemes varying in size from £150 million (€213 million') to £10 billion in both fiduciary and advisory capacities.

Prior to his time at Cardano, Higgs worked as an investment consultant at Towers Watson providing investment strategy and implementation advice to a range of pensions funds.

Ed Francis, Europe, Middle East and Africa, head of investment at Towers Watson, says the firm is “delighted” to have him back on board.

“We look forward to using his experience to continue to meet our clients’ expectations and develop our services for them,” he says.

“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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