Nedgroup Investments, the $24bn global investment manager, has boosted its commitment to serving European and UK investors with the hire of Tom Caddick as their new Head of Investments, London for the Multi-Management division.
Commenting on his appointment, Caddick stated: “This is an exciting opportunity to be heading up the London based Multi-Manager investment team as well as for a global brand making substantial and effective progress in the European and UK investment market. Nedgroup Investments has made excellent headway in the region, and I’m incredibly excited for what the future has in store, and to be part of such an elite team.”
Tom joins Nedgroup Investments after nine years at Santander Asset Management where he latterly served as Chief Investment Officer after joining in 2011 to head the multi-manager division. During nine years at SAM, Tom grew a £2.5bn book of legacy assets to a peak of £22bn. Prior to SAM, Tom was Head of Multi Manager & Fund Selection at LV Asset Management and has over 20-years of investment experience.
Andrew Lodge, European and UK Managing Director at Nedgroup Investments, commented on this appointment, said: ‘I’m delighted to welcome such a talented and experienced investment professional, with a wealth of experience, to our team. We strongly believe Tom is the perfect candidate to continue our strong growth trajectory in both international and European markets, while also contributing to our ever flourishing Best of Breed practice.”
Tom will be taking over from Andrew Yeadon, who spent nine invaluable years at Nedgroup Investments, during which he served as Chairman of both the International StratCom and the Global Investment Committee, as well as being a member of the Board of Directors of Nedgroup Investments Advisors (UK) Ltd. Andrew will be working closely alongside Tom during a transition period before his retirement.
