Luciano Lilloy will join Aviva Investors as head of sustainable equities, a newly created role, the asset management group announced this morning.
It forms part of a restructure for the firm’s equities team, which will now be united under one umbrella, bringing the index team and active funds under one banner, headed by Nicholette MacDonald-Brown, who joined the firm last year.
Lilloy joins from Impax Asset Management and will be responsible for developing the firm’s sustainable equities capabilities. He will also become a named portfolio manager on the Global Climate Equity Strategy, replacing the current head of equity research Max Burns, who is to retire later this year.
Aviva also announced the hire of Duncan Bulgin as head of equity research, who is moving from GAM Investments. He has 20 years of experience as both an analyst and portfolio manager, having previously worked at GAM and Newton Investment Management.
MacDonald-Brown said: “Luciano and Duncan both bring with them vast industry experience and knowledge that will complement the existing expertise within portfolio management and research teams.”
Alongside the Global Climate Equity Strategy, Burns was also a named co-manager on the Global Core Strategy. Harsharan Mann has been added to the latter as a replacement.
MacDonald-Brown thanked Burns "for his significant contribution to the Aviva Investors Equity team over the past decade and [we] wish him all the best in retirement”.