Ex-L&G sales head McGarry joins Psigma IM

Ex-LGIM sales head Frank McGarry has joined Psigma Investment Management as director for business development and marketing.

McGarry (pictured), a well known figure the industry who has previously held roles at Insight Investment and Cofunds, will report to John Howard-Smith, CEO at Psigma IM. Howard-Smith said McGarry's appointment demonstrates the firm's commitment to the intermediary market. "I am delighted that Frank has joined us - his significant experience will be highly valuable to Psigma as we embark on an ambitious growth phase with a focus on the intermediary marketplace," he said. Earlier this week Psigma IM cut the AMC on its discretionary fund range from 1% to 0.5% in a move to broaden i...