Christophe Caspar, Russell InvestmentsRussell Investments’ European investment chief has announced his departure.
Christophe Caspar, current global CIO of multi-asset solutions and CIO of Europe, the Middle East, and Africa (EMEA), will be leaving in the next few weeks, Russell confirmed to CIO. He will be pursuing a leadership opportunity elsewhere, ending a 17-year tenure with Russell Investments.
Brian Meath, managing director and portfolio manager of multi-asset strategies, has assumed Caspar’s responsibilities effective immediately, the firm said.
“As an integral part of the multi-asset team, Meath had a direct hand in the evolution and growth of Russell Investments’ multi-asset capabilities, which form the basis of our investment approach,” the spokesperson said.
Caspar had responsibility for asset portfolios totaling $100 billion and an 80-person investment team for the last seven years, according to his LinkedIn profile.
He is also a member of Russell’s EMEA executive committee, global investment strategy group, and global leadership team.
Caspar began his career at Russell UK as a portfolio manager, focusing on Asian and Japanese equity mutual funds and segregated accounts of more than $7 billion. He was appointed to CIO of Japan in 2006, and later to investment chief of Asia-Pacific in March 2008.
CIO of Fixed Income Gerard Fitzpatrick will add CIO of EMEA to his title and return to London, Russell announced.
These moves are the latest in a string of staff changes after private equity firm TA Associates bought Russell from the London Stock Exchange Group for $1.15 billion in cash.
At the time of the sale, TA said Russell’s “orientation to multi-asset and solutions investing” will continue to drive growth.