Legal & General announces two property fund manager appointments

Legal & General announces two property fund manager appointments
Ali Farrell Image: Courtesy of Legal & General

LGIM Real Assets (Legal & General) has appointed Rob Codling as Fund Manager to its £3.2 billion Managed Property Fund and Ali Farrell as Fund Manager to its £500 million segregated mandate fund.

The two appointments are both internal promotions, says the company.

”As we continue to build and diversify our real estate platform, in addition to continuing to attract strong and complementary skills to the business, we also recognise the importance of retaining and developing existing talent, rotating high performers through senior, strategic roles across our mandates. Rob and Ali have significant track records in driving forward positive performance and will be integral to the continued success of these highly important funds,” said Michael Barrie, Director of Fund Management at LGIM Real Assets.

Rob Codling has joined Legal & General in 2012. He previously worked at Jones Lang LaSalle (JLL) as an asset manager to L&G’s Industrial Property Investment Fund.  For Legal & General’s Managed Property Fund, Rob Codling will continue to diversify its portfolio into key growth areas, with a particular focus on alternatives and operational assets.

As a result of Rob Codling’s move, Ali Farrell will take over the role of Fund Manager to Legal & General’s segregated mandate fund, having been promoted from Assistant Fund Manager of the Managed Property Fund.  Ali Farrell joined LGIM Real Assets as a Senior Asset Manager in 2015 and has demonstrated high performance since her initial appointment. In her new role, Ali Farrell will continue to deliver further success for the segregated mandate fund.