05/02/2008

Standard Life Investments bolsters multi-asset investing team

Standard Life Investments, the global fund manager, has today announced the appointment of David Millar as Investment Director, Multi-Asset Investing. David was previously Head of Bond Strategy and Chair of The Bond Policy Group at Scottish Widows Investment Partnership (SWIP).

Reporting to Euan Munro, Head of Multi-Asset Investing, David will be responsible for overseeing the investment strategy for some of the fund manager’s key insurance funds. In addition, David will take a leading role in turning bond market views and themes into effective investment positions within Standard Life Investments suite of absolute return and LDI funds.

Commenting on the appointment, Euan Munro said:

"We are delighted to welcome David into our Multi-Asset Investing team at Standard Life Investments. In addition to having a comprehensive knowledge of Global bond markets, David brings an impressive grasp of global economics which will help us extract value across all asset categories. David’s experience to date draws together a powerful combination of investment expertise and actuarial knowledge which will provide an excellent complement to the team we currently have in place."

Standard Life Investments Multi-Asset Investing team is responsible for the asset allocation of over £55 bn in total assets and collectively manages over £1.6 bn within absolute return strategies*. The team has an average of 18 years industry experience which brings together a critical combination of skills including investment management, actuarial analysis, quantitative modelling and global economics. The team is headed up by Euan Munro and includes Chief Scientific Officer, Dr Julian Coutts and Head of Global Strategy, Andrew Milligan. (*SLI as at 01/02/08).

Concise CV – David Millar

Professional Experience
2006 – 2007	Head of Bond Strategy and Chair of Bond Policy Group
2003 - 2006	Deputy Head of Bonds
2000 - 2003	Head of Government Bonds
1995 - 2000	Investment Director/Manager Scottish Widows Investment Partnership (SWIP), Edinburgh, Scotland
1993 - 1995	Actuarial Manager
1992 - 1993	Business Analyst
1989 - 1992	Actuarial Trainee, Corporate Pensions Scottish Widows' Fund & Life Assurance Society, Edinburgh, Scotland
Education
1980 - 1984	University of Cape Town, Cape Town, South Africa BSc (Hons) in Mathematical Statistics, 1998 BSc in Mathematical Statistics and Economics, 1987
1980 - 1984	Jeppe High School for Boys, Johannesburg, South Africa