17th July 2012, London: JLT Investment Solutions
which includes the Investment Management and Investment
Consulting businesses of JLT Employee Benefits Group, has
today released an update on its strategy for expansion
first announced last November.
Managing Director, Peter Ball, who joined JLT at the end of
September 2011 to lead the Investment business says
"Since announcing our 2012 plans, we have been
delighted with the growth in revenue, client projects and
staff which is beyond what we first envisaged at this stage
in the year. I set the team a target to grow revenues
year on year by over 25% despite challenging market
conditions and we are ahead of that ambitious level."
We have added numerous analysts both in London and
Manchester, as well as creating new technical support
positions and continue to look for high-calibre additions
to the team.
Peter Ball continues, "We continue to invest in our
existing team with Jim Addy, John Franks and Vanessa
Wakefield being promoted to Senior Consultant and Francis
Chua, Ben Piggott, Murray Taylor, and Dan Wooder being
promoted to consultant in recent weeks. We have for
some time had a team in Mumbai supporting our UK teams in
providing quantitative analysis for manager search
projects. This team has grown to 10 and is now solely
dedicated to Investment Consulting, producing the vast
majority of our quarterly reports to clients. The
investment into this team has enabled the UK team to
deliver other client projects more effectively and
efficiently.
In addition, earlier this year, the JLT team announced
significant project appointments including working with
Dorset, Devon and Barking & Dagenham Pension Funds, as well
as the launch of the JLT Growth Fund. Hilary Brown
was appointed recently to join the portfolio management
team that runs numerous accounts including the new JLT
Growth Fund. "We are expecting revenue growth
this year of 25%, year on year, despite challenging market
conditions and have already hired additional analysts in
London and Manchester. We are also continuing to hire
into new analyst posts across all locations, to maintain
our high levels of service to both existing and new
clients" said Peter Ball.
JLT has also recently made high-profile hires including
Martyn Phillips from LCP as it continues to grow its
business. Peter Ball is warning the press to expect further
announcements on both new hires and business projects in
the near future.
-- ENDS --
Enquiries:
JLT Group Corporate Communications
Isabella Young
+44 (0)20 7558 3387
Email
Editor's Notes:
About JLT Investment Solutions
JLT Investment Solutions has been established to provide
the full range of investment services encompassing
independent financial advice, investment consulting
services and discretionary investment management to
institutional, corporate and high net worth clients, on a
stand alone basis or as part of a range of combined
services.
The JLT Employee Benefits Group of companies includes: JLT
Benefits Solutions Limited, JLT Investment Management
Limited, Profund Solutions Limited, Independent Trustee
Services Limited and JLT Pension Capital Strategies
Limited.
JLT Employee Benefits Group is part of Jardine Lloyd
Thompson Group plc.
http://www.jltgroup.com/employee-benefits/
Jardine Lloyd Thompson Group plc
Jardine Lloyd Thompson Group plc (JLT) is an international
group of risk specialists and employee benefits consultants
and one of the largest companies of its type in the world.
JLT offers a distinctive choice to clients and partners
through our combination of independence, scale and
specialism.
The Jardine Lloyd Thompson group is quoted on the London
Stock Exchange and employs over 7000 people worldwide and
through the JLT International Network provides services in
more than 130 countries.