Momentum Global Investment Management (MGIM) has appointed Andrew Hardy as Director: Investment Management.
Effective immediately, Hardy will assume full oversight of MGIM’s UK Investment Team and will be responsible for managing relationships with key clients and partners.
Hardy is a long-standing member of MGIM’s London-based investment team, having been with the company since 2005. He has been co-Head of Research for the last five years and a Portfolio Manager for over 10 years, leading the management of the Harmony Portfolio multi-asset range and global developed and emerging market equity funds, with combined assets under management of around GBP2.2 billion. During his time at the company he has also played an important role in developing MGIM’s investment philosophy and process while supporting business strategy and development.
The appointment comes as MGIM is poised to further develop its UK presence following the acquisition of Seneca Investment Managers in October 2020, giving the combined business over GBP4.5 billion in assets under management. MGIM specialises in multi-asset funds, providing diversified and dynamic outcome-focused solutions for financial intermediaries and their clients as well as institutional investors.
Ferdi van Heerden, Chief Executive, MGIM, says: “The appointment of Andrew as Investment Director is testament to the talent and depth of our investment team. He has made a huge contribution to the business during the past 15 years and his experience and understanding of our culture and values made him the ideal choice for this leadership role. The decision to promote from within ensures that there will be no disruption at this important time for the business, and we are confident that Andrew will continue to deliver exceptional outcomes for our clients and partners in his new position.”
Andrew Hardy, Investment Director, MGIM, says: “I am delighted to be taking on the role of Investment Director at MGIM. During my time at the company I have been immensely proud of how the business has grown and evolved. We have an outstanding team and a long track record of success across our global client base, and multi-asset solutions like ours are becoming increasingly popular with both retail and institutional investors. This is an exciting time for MGIM and in my new role I look forward to continuing to drive the company’s overall ambition to be the gold standard for multi-asset investment among financial advisers and intermediaries.”