LGIM lands product head from Hermes

Handshake5Legal & General Investment Management has appointed Rhodri Mason as head of product.

In the newly created role, Mason will be responsible for leading the firm's product functions across LGIM’s various divisions.

Mason joins from Hermes Investment Management, where he was head of investment solutions and product strategy. Prior, he was head of Ucits management at Man Investments and has ten years experience in product development.

This is LGIM’s second scalp from a large active asset management firm in recent months. In December, the firm hired Schroders fund manager Tony Doherty. While renowned for its index funds, LGIM has increasingly moved towards active products in recent years.

LGIM manages assets of around £708.5 billion (€912.4 billion).

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