Ex-Schroders multi-asset manager Cunningham joins Investec

Was at Schroders since 2007

Iain Cunningham, who left Schroders in March after nearly a decade at the firm, has joined Investec Asset Management's multi-asset team.

Cunningham joins Investec's 31-strong multi-asset team as portfolio manager, reporting to Michael Spinks, co-head of multi-asset growth. He had been at Schroders since 2007 and co-managed the offshore $4.7bn Schroder Multi-Asset Income and $147.6m Schroder Global Multi Asset Allocation funds, and the £19.6m Schroder Global Multi-Asset Income fund. Additionally, he managed Global Tactical Asset Allocation mandates; was instrumental in developing Schroders' multi-asset income franchise; and led currency research for the multi-asset team. Spinks said: "We are excited about Iain joinin...