Royal London Asset Management (RLAM), one of the UK’s leading fund management companies with assets under management of £148 billion, announced today the appointment of Eli Haroush to the newly created position of Head of ESG Research.

In his new role, Haroush will play a key role in further embedding high quality, bespoke ESG analysis into RLAM’s investment decisions, joining the firm’s 9-strong responsible investment team. He will report Ashley Hamilton Claxton, head of responsible investment at RLAM.

Claxton said:

“RLAM has heavily invested in ESG resources in recent years. Eli’s hire is the latest addition to our growing team, and a proof of our long-standing commitment to responsible investment.

“It’s something we know our clients are deeply passionate about, and we have tailored our research, analysis and engagement efforts to focus on issues that are both financially material and important to our clients. We like to focus our intellectual efforts on areas less well covered by the market, seeking to add value by providing our investment teams with bespoke analysis tailored to their funds and clients.”

Prior to joining RLAM, Haroush served for two years at insight network Gerson Lehman Group (GLG) as Expert Advisor & Consultant on ESG Integration & Stewardship. He has held a series of investment roles including working for seven years at APG Asset Management where he worked closely with the firm’s responsible investment team and managed APG’s Global Developed Financials & Real Estate Equities fund, as well as at firms including Fidelity Investments, JP Morgan Investment Management, American Express Asset Management International and Alliance Bernstein.

Claxton added:

“With the extraordinary interest in responsible investment and ESG, building a high quality team of in-house experts is now more important than ever.”