David Knee has been named head of multi-asset at Ninety One, leaving M&G Capital Markets after 16 years.
Based in South Africa, he will take on the role before the end of the year.
On Knee’s appointment, co-chief investment officer Domenico Ferrini commented, “in addition to his co-portfolio manager responsibilities, he will focus on fostering even greater collaboration across teams and strengthening the macro research process that underpins our strategies.”
Ninety One held £130.8 billion in assets under management as of 31 March, up 4% year-on-year.
In his new role, Knee will be working with head of trading Cathy Gibson, who spoke with Global Trading about outsourced trading earlier this year.
READ MORE: Outsourced trading: What the buy side really thinks
Knee has more than 30 years of industry experience and has been co-deputy chief investment officer for fixed income at M&G since January 2024. Prior to this, he was head of fixed income and then chief investment officer in the company’s Southern Africa division.
The firm has also promoted Rehana Khan from deputy to co-head of South Africa equity and multi-asset, a role she shares with Hannes van den Berg. Khan has been with Ninety One since 2020, initially as a portfolio manager. Prior to this, she was a portfolio manager and equity analyst working alongside Knee at M&G.
