UK - Watson Wyatt has appointed Richard Boardman, formerly of ISIS Asset Management, as a senior investment consultant in its investment strategy team.
Boardman will focus on derivative strategies and risk management, in line with increasing client demands, the global consulting firm said in a release.
Boardman joins with 12 years’ experience in the investment management industry.
Commenting on the appointment, European head of investment consulting at Watson Wyatt, Nick Watts, said: “Richard will be a valuable member of our team and this appointment is a real coup for us. His skills, knowledge and experience complement the team very well and we look forward to working with him.”
Formerly director and head of risk at ISIS, Boardman was responsible for developing structured solutions for clients. This appointment followed a three-year period at RSA Investments where he was a director of risk modelling.
Earlier in his career, Boardman spent seven years at Royal and Sun Alliance Investment Management.
The new appointment takes total number of investment consultants in Watson Wyatt’s investment strategy team to 20.
“Decision makers for pension funds are increasingly recognising the importance of identifying all sources of risk and then diversifying them as much as possible,” Watts said.
“Risk budgeting is a powerful tool to achieve this goal and is becoming an established norm in the industry, with our firm having conducted over 25 such exercises during the past year alone.”
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