Aberdeen Investments appoints global head of Multi-Asset and Alternatives

Aberdeen Investments has appointed Marianne Zangerl as Global Head of Multi Asset and Alternative Investment Solutions. She succeeds Darren Wolf, who is leaving the company after 14 years to pursue new opportunities, according to a statement released on Thursday. Zangerl, who is based in London, will report to Chief Investment Officer Peter Branner. She has been with Aberdeen for more than a decade and most recently served as Deputy Global Head of Fixed Income. In that role, she focused on illiquid bonds, sustainable investment strategies and business development. Branner praised the internal appointment, saying Zangerl exemplifies the firm’s ability to develop talent in-house. He highlighted her leadership experience and deep expertise in multi-asset investments, alternatives and sustainable finance. He also thanked Wolf for his contribution to expanding the division, which now manages around £40 billion in assets. Zangerl emphasized the growing importance of multi-asset strategies in an increasingly volatile market environment. The combination of liquid and private markets is key to building more resilient portfolios and unlocking additional sources of return, she said. She added that she looks forward to working with her team to drive the company’s growth ambitions. She will be supported by an experienced leadership team that includes Nalaka De Silva, Katie Trowsdale, Christopher Carlton and Max Macmillan. New Senior Investment Director for Private Markets In addition, Mark Meiklejon is joining the firm. He moves from Aviva to Aberdeen Investments as Senior Investment Director for Private Market Solutions, a newly created role based in Edinburgh. In this position, he will help expand the firm’s private markets offerings. According to the company, the Multi Asset and Alternatives division has delivered strong performance: more than 90% of assets under management outperformed their benchmarks over the past year, and more than 70% did so over a three-year period.