Phil Edwards was named head of manager selection and oversight for USS Investment Management, the Universities Superannuation Scheme said Wednesday in a news release.
In the role, Mr. Edwards will manage allocations to external managers in public markets and contribute to the governance of internal managers. His hire will be key in delivering investment innovation and further integrating ESG factors into investment mandates, according to the release.
USS IM is a wholly owned subsidiary of the £82.2 billion ($112.9 billion) Universities Superannuation Scheme, London, the U.K.'s largest pension fund by assets. It manages nearly 70% of USS defined benefit assets internally.
Mr. Edwards joins USS IM next week from Ricardo Research, an investment advisory business he co-founded in 2018. Before that he was director of strategic research at Mercer, where he also served on the asset allocation oversight committee for defined benefit and defined contribution fiduciary offerings in Europe.
He will report to Naomi Clark, head of investment product management for USS IM.
Ms. Clark said in the release that Mr. Edwards "combines an exceptional background in top quality research with in-depth manager knowledge. This will enable him to quickly galvanize the best that we have to offer in order to bring innovative ideas to how we invest."