West Midlands LGPS hires ex-USS manager
Jason Fletcher has been hired to lead the investment team of West Midlands Pension Fund (WMPF), after leaving Universities Superannuation Scheme (USS) in April.
He started work on 16 September and is in charge of 17 people.
He (pictured above) has taken over from Mark Chaloner who left the pension fund in August.
Fletcher will direct a number of the fund's active and passive equities alongside alternatives and fixed interest portfolios.
Fletcher had worked for USS for 17 years from 1999 until April this year, most recently acting as its head of North American equities portfolio with £3bn assets under management (AUM).
He was previously deputy chief investment officer in a shared capacity from 2007-2012.
WMPF is one of the largest funds in England and Wales, employing 120 staff and has £11.7bn AUM as at 31 March 2016.
It provides pension services to over 285,000 current and former employees of the seven district councils and over 520 public body employers.
In December 2015 WMPF joined with eight other pension funds across the central region to create LGPS Central, a £35bn investment pool.
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