Helge Kostka was named vice president at Research Affiliates Global Advisors (Europe), a sister company of Research Affiliates.
Based in London, Mr. Kostka is responsible for business development and partner/client support in the U.K. The position is new, and is Research Affiliates' first staff position in Europe.
Mr. Kostka was head of product management for equity and multiasset solutions at Aviva Investors. That position was eliminated as part of a restructuring earlier this year, Aviva spokeswoman Angela Warburton said.
“U.K. pension funds are demonstrating increasing interest in the Fundamental Index methodology,” Michael Larsen, head of affiliate relations at Research Affiliates, said in an e-mail. “To respond to that demand, we are establishing a local presence to further develop relationships with those institutional investors and to support our distribution partners.”