Pru adds two to multi-asset team after Williams exit

Prudential Portfolio Management Group has added two new recruits to its senior management team as it strengthens its offering following the departure of Matthew Williams earlier this year.

Michael Coop, previously head of multi-asset strategies at Australia's Ibbotson Associates, has joined as head of multi-asset portfolio management, while Ciaran Mulligan - previously head of manager research (UK) for South African multi-manager business Investment Solutions - is now head of manager oversight at PPMG. They will work as part of the team of over 60 who control £155.2bn of Prudential investments at PPMG, encompassing the £76.7bn With-Profits fund and the rest of the group's UK fund ranges. Coop's role will see him take on many of the responsibilities of Matthew Williams, ...