Payden & Rygel has announced an expansion of its London-based insurance investment team with the appointment of Niall Clifford as senior vice president.
Clifford, a fellow of the Institute of Actuaries, UK, joins Payden from Mercer where he was a principal in Mercer’s insurance solutions team. He brings over twenty years of experience working with sophisticated insurance companies to Payden’s broader insurance investment team.
Clifford will be working with institutional investors to create bespoke solutions designed to enhance investment results by leveraging Payden’s spectrum of customised strategies. He will have a particular focus on helping insurance companies to improve their risk-adjusted returns consistent with their risk appetite, capital position, as well as accounting and liquidity considerations.
Clifford said: "With interest rates as they are, this is an exciting time to be working with one of the leading providers of fixed-income solutions to the institutional investment community."