14 March 2023
SECOR Asset Management, an independent global investment advisory and risk management firm, today announced it had further enhanced its UK team with the appointment of David Morton as Head of UK Investment Strategy.
Tony Kao, Managing Principal, at SECOR, commented: “The UK market continues to go through a period of evolution which, for some schemes, accelerated exponentially following the LDI crisis of last year. The effects of that period have further drummed home to trustees not only the importance of a bespoke and effective strategy unique to their scheme, but also the importance of being able to take timely action – those that did have benefited hugely.
“We have seen a marked increase in interest from schemes who are therefore interested in the benefits a fiduciary partner can bring and we want to ensure we stay a step ahead when it comes to investment expertise. David has significant experience in both corporate and local authority, guiding pension schemes through investment strategy and implementation towards their endgame. As such, he will add great value in enhancing the service we offer our clients. Working closely with our Head of Distribution, Jason Allan, he will also further develop the service offering in the UK.”
Morton added: “SECOR is unique in the market in that they are truly independent. As such, they are able to bring genuinely innovative and creative solutions bespoke to the schemes they work with. Unconstrained by company politics and conflicts of interest they are able to deliver tailored solutions to each client’s needs, ultimately securing the best outcomes for members. Their years of in-house investment expertise also mean they know first-hand the challenges and demands schemes and trustees. I am looking forward to working with the team and our clients on our investment offering, as well supporting the continued UK growth.”
David joins from Hymans where, over the last 13 years, he has held a number of positions from Scheme Actuary to Senior Consultant. Most recently he has been acting as Partner and Member of the Executive Leadership Team, as well as Head of Trustee DB Investment Solutions. David has a BSc in Actuarial Mathematics from Heriot-Watt University and is a qualified actuary.
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