Legal & General Property has appointed Rob Codling as a senior asset manager within its £1.4 bn (EUR 1.7 bn) Managed Fund, further strengthening its in-house asset management team.
Legal & General Property has appointed Rob Codling as a senior asset manager within its £1.4 bn (EUR 1.7 bn) Managed Fund, further strengthening its in-house asset management team.
Codling will report directly to fund manager Mark Russell and joins the three-strong asset management team that looks after a portfolio of 68 direct property assets. He joins from Jones Lang LaSalle where he has spent the last eight years, working initially in the Bristol market and latterly as asset manager and transactions surveyor to LGP’s Industrial Property Investment Fund.
Launched in June 1971, the Managed Fund is an open-ended fund available to occupational pension schemes that invests in UK freehold and leasehold property. The fund has a low to medium risk profile with the capability to invest in indirect, unlisted vehicles and All Property Total Return swap contracts, and has a focus on income enhancement and added value creation.
