Guy Stern retires from ASI

Aberdeen Standard Investments' global head of multi-asset and macro investing is retiring after more than 10 years at the firm.

Guy Stern joined Standard Life Investments in April 2008 as head of multi-asset management. He was also responsible for investment idea origination, portfolio construction and implementation.

He was also responsible for the day-to-day management of the multi-asset investing team that oversees asset allocation across multi-asset portfolios.

Stern previously worked as chief investment officer of multi-asset class solutions at Credit Suisse Asset Management for its UK and US divisions.

He was appointed to the board of Standard Life Investments in 2013.

Schroders' former head of multi-asset investments for Europe, Aymeric Forest, will take his place.

Forest will join ASI in February 2019 to help lead the ongoing evolution of the multi-asset investing business.

ASI co-chief executive Keith Skeoch said: "As a long-standing member of our team Guy has been instrumental in growing Standard Life Investments into a market leading asset manager and, more recently, in helping us to develop and structure Aberdeen Standard Investments."

"We thank Guy for his hard work and valuable contribution to the company and wish him the very best in retirement. We are delighted that Aymeric is joining us, demonstrating our ability to attract high calibre, talented individuals to our award-winning and highly rated multi-asset investing team."

ASI's multi-asset investing team manages total assets of £140 billion ($253bn).

Read more: Aberdeen Standard InvestmentsStandard Life InvestmentsGuy SternAymeric ForestKeith SkeochSchroders
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