Global fund manager Standard Life Investments has strengthened its global strategy team with the appointment of Frances Hudson as sector strategist.
Hudson joins the firm from global steel company Ispat International where she was investment manager since 1996.
In her new role she reports to Andrew Milligan, who heads the seven-strong global strategy.
Hudson’s responsibilities include advising the firm’s global investment group on issues affecting asset allocation. She will also interpret the ‘house view’ in sector allocation terms, coordinate the sector strategy across the equity desks, and carry out in-house research on sectoral issues.
Commenting on the appointment, Milligan said: “Our studies have shown the increasing importance of sectoral factors in determining stock market movements, particularly in larger economies.
“An understanding of the secular trends driving particular sectors will combine with our existing expertise on business cycles to extend the house view process even more.”
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