CBRE Global Investors has appointed Ritson Ferguson to the new post of global chief investment officer (CIO).

CBRE Global Investors has appointed Ritson Ferguson to the new post of global chief investment officer (CIO).

Los Angeles-based Ferguson, who has nearly 30 years of real estate experience, will take on the new role alongside his current responsibilities as CEO and co-CIO of CBRE Clarion Securities.

He will have broad responsibility for coordinating the investment decision-making and programme offerings of CBRE Global Investors across listed and unlisted real estate markets.

Matt Khourie, CEO of CBRE Global Investors, said: ‘I am excited to have Ritson step up to expanded responsibilities within our organization given his global perspective and his long tenure as a highly successful real estate investor.’

CBRE Global Investors is one of the world's leading real estate investment managers, with $88.4 bn (€79.3 bn) of assets under management.