Russell hands £1bn multi-asset fund to former Sarasin man

Former Sarasin manager David Vickers has joined Russell Investments to run its flagship £1.2bn Multi-Asset Growth Strategy.

Vickers will be based in London in his new role as senior portfolio manager, which constitutes one of three hires the firm has made for the multi-asset team in the last three months. At Sarasin, Vickers (pictured) was a partner and lead fund manager within the multi-asset team. He joined the group in 2007 and managed £2.5bn of client assets as fund manager of the Alpha Common Investment fund and GlobalSar Dynamic fund. He was also a member of the group's investment policy committee. Previously he worked at Baring Asset Management where he primarily managed multi-asset portfolios fo...