Peter Elwin was named head of research at Universities Superannuation Scheme Investment Management, the investment subsidiary and principal manager of the £49 billion ($59.7 billion) Universities Superannuation Scheme, Liverpool, England.
The position is new. The role spans both the equities and responsible investment teams at the firm. The 22-strong equities team of portfolio managers and analysts invest £20 billion of assets.
Mr. Elwin “will help each team member achieve the very best outcomes they can by: facilitating objective discussions on what aspects of their process consistently add value; analyzing what we could do or have done differently to improve our outcomes; and ensuring we systematically implement each step in our process to the best of our ability,” said Elizabeth Fernando, head of equities, in a news release. “With a substantial in-house team and a long term approach to investment, we are able to bring these factors together to enrich our understanding and ultimately give us an edge.”
Roger Gray, CEO at USS IM, added in the same release that further developing in-house research expertise “is a natural progression for the equities and responsible investment team. The real value-add for our members comes from the ability to invest with conviction to deliver strong cumulative returns.”
Mr. Elwin was deputy head of European research at J.P. Morgan Cazenove.
