Canada Life Investments has promoted its equity income fund manager Craig Rippe to the new role of head of multi asset funds.
He will co-manage the company’s range of multi-asset funds, which includes the Canlife Portfolio funds and the LF Canlife Managed 0%-35% fund, alongside David Marchant, the firm’s chief investment officer.
Rippe joined the firm in 2004 and was appointed head of UK equities in March 2010.
Mike Willans, currently head of international equities, will take up the role of head of equities with responsibility for oversight of the equities division, overseeing both the UK and international equity teams.
Commenting on the changes, Marchant said: ‘We have recognised the growing appetite for our multi-asset offering and welcome the addition of Craig to oversee this vital area. Craig’s experience will provide expert direction in this important stage of our development.
‘Mike’s leadership of our international equity capability has been exemplary and I look forward to these skills being transferred across the whole equity franchise.
‘These changes are a significant step in ensuring we are aligned with the needs of our customers for our next stage of growth. I wish Craig and Mike well in their new roles.’