Head of LGPS investments at Hymans Robertson retires
0Linda Selman is to retire from her role as head of Local Government Pension Scheme investments at adviser Hymans Robertson at the end of this month.
Selman has been in her current role since 2007, when she joined the firm from investment manager Baillie Gifford.
She will be succeeded by senior investment consultant David Walker, who will assume overall responsibility for LGPS investment policy and advice. The firm is currently coordinating a project to outline options for LGPS pooling along with a number of funds, with the aim of producing a report to government in February.
John Wright, partner and head of public sector at Hymans, said: “The respect Linda commands from the team she leads, and from her local authority and private sector clients, is testament to her selfless leadership and example, her tireless work and the way she has applied her experience and knowledge to the benefit of all our LGPS clients.
“Linda has had enormous influence in the industry and her accomplishments in helping shape reforms will benefit the LGPS for many years to come.”
Walker has been at the firm since joining as a graduate in 2001. He will be supported by William Marshall who will become head of LGPS investment clients, with responsibility for client relationships and communications.
Wright said: “The LGPS community is vigorously engaged in a process of investigating ideas and the best ways forward for pooling, looking at how to make substantial savings without compromising performance.
“Both David and William have been deeply involved in that process and are very well placed to help steer our clients, as well as provide support to the wider LGPS community, through this time of change.”