The Pension Protection Fund (PPF) has appointed Ian Scott in a new role as head of investment strategy.
Scott will be responsible for advising the £23bn lifeboat fund on tactical trade ideas and medium-term shifts away from its strategic asset allocation as it brings more liability-driven and wider investment activity in-house.
He was previously head of global equities at Barclays and prior to that, held a number of roles in the City on both the buy and sell-side, including at Lehman Brothers and Nomura.
PPF chief investment officer Barry Kenneth said: “I am pleased to welcome Ian in this new role at the PPF as we evolve our investment team. He brings with him a wealth of expertise, and will help build our capabilities in strategic and tactical asset allocation. Attracting professionals of Ian’s calibre to join our award-winning team is an endorsement of where we are going.”
Scott (pictured) said: “In its relatively short history the PPF has established a well-deserved reputation for innovative fund management. I am looking forward to building upon and enhancing that, especially in the areas of strategic and tactical asset allocation. Having spent over 25 years working as a strategist on both the ‘sell-side’ and ‘buy-side’ of the investment industry I am excited about bringing that experience to such a prestigious and important organisation.”
