M&G Real Estate appoints Tony Brown as CIO
M&G Real Estate has appointed Tony Brown as chief investment officer and member of the M&G Real Estate board.
He joined on 13 January and reports directly to Alex Jeffrey, chief executive of M&G Real Estate.
In his new remit, Brown (pictured) provides overall leadership and oversight to M&G Real Estate’s fund managers and investment teams across the global fund range, and will be accountable, along with the fund managers, for investment performance.
Joining from Lend Lease where he was most recently managing director, EMEA, Brown had responsibility for GBP2bn of real estate and GBP2.5bn of infrastructure assets on behalf of 50 institutional investors globally. He was also a member of the board on all Lend Lease’s UK and Asian retail funds and advised the Lend Lease board on investing internal money. Brown has over 20 years of investment experience.
Prior to Lend Lease, Brown managed the Schroder Emerging Retail Fund, which became the best performing balanced fund in the UK over a three-year period in the entire UK IPD universe.
Brown started his career at Healey and Baker (now Cushman & Wakefield).
Jeffrey says: “This is a significant appointment for M&G Real Estate. Tony has considerable investment experience both in the UK and internationally, which will assist us in driving our business forward. He will be a valuable addition to our award winning investment team and will enhance our ability to meet the investment needs of our clients as well as playing a key part in the next phase of our development and growth.
Brown says: “I’m very pleased to be joining M&G Real Estate. The backing of a strong balance sheet, its international reach and investment track record provides an excellent platform for growth and the prospect of exciting times ahead for the business.”
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