Legal & General Investments has hired Martin Holland from UBS to take on the newly-created role of head of discretionary sales, according to FT Advisor.
He has responsibility for sales, marketing and product development as L&G seeks to increase its presence among discretionary managers and funds of funds.
Mr Holland spent 11 years at UBS as a sales director for discretionary and funds of funds, covering the Midlands and the south of England. He reports to sales and marketing director Karen Blatchford.
Ms Blatchford said: “Martin will play a key role in positioning L&G Investments at the forefront of the growing demand for diverse investment strategies and engaging more with our key distributors.
“We want to raise our profile in the discretionary and fund of funds markets and become a core provider of both active and index strategies.”