LONDON, 25 November 2015 – Towers Watson has appointed Duncan Higgs to its delegated investment team following increasing demand for fiduciary management services, most recently from AQA, Shop Direct and the Merchant Navy Ratings Pension Fund. The company is now one of the world’s largest fiduciary managers and has delegated responsibility for over US$75 billion of assets worldwide.
Duncan has almost ten years of industry experience and joins from Cardano where he was a senior investment consultant working on a range of UK pension schemes varying in size from £150 million to £10 billion in both fiduciary and advisory capacities. Prior to that he worked as an investment consultant at Towers Watson providing investment strategy and implementation advice to a range of pensions funds. Duncan is a CFA charter holder and has a MSc from Durham University.
Ed Francis, EMEA head of Investment at Towers Watson, said: “We are delighted that Duncan has re-joined us and look forward to using his experience to continue to meet our clients’ expectations and develop our services for them. All the evidence points to continued growth in delegated services as asset owners increasingly consider how best to compete for scarce returns while dealing with challenging market conditions.”
Towers Watson Investment
Towers Watson’s Investment business is focused on creating financial value for institutional investors through its expertise in risk assessment, strategic asset allocation, fiduciary management and investment manager selection. It has over 800 associates worldwide, assets under advisory of over US$2.2 trillion and over US$75 billion of assets under management.
About Towers Watson
Towers Watson (NASDAQ: TW) is a leading global professional services company that helps organisations improve performance through effective people, risk and financial management. With 16,000 associates around the world, the company offers consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management. Learn more at towerswatson.com.