Aberdeen confirms insurance focus with new role

James HughesAberdeen Asset Management has appointed James Hughes to the newly created role of head of insurance solutions, within its Investment Solutions arm. Hughes will take a leading role in crafting bespoke and pooled multi-asset solutions for the firm’s insurance clients, working in close partnership with the Insurance Specialists team within Aberdeen’s distribution division. Hughes joins Aberdeen from Gottex Asset Management, where he was managing director of the firm’s multi-asset division. He also worked at HSBC for over eight years where he was the group chief investment officer for the bank’s insurance wing, and responsible for assets of around €88 billion across 14 countries, including developed, emerging and frontier markets. Aberdeen moved to create the role due to regulatory developments, such as Solvency II, which came into force at the beginning of the year. According to consultancy Spence Johnson, insurance assets managed by third party fund managers are set to double to almost €1 trillion over the next 10 years, with insurance firms outsourcing increasing levels of assets to fund managers as a result of such changes. As of the end of the third quarter 2015, Aberdeen managed around €158 billion for insurance clients. ©2016 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.