John Styles has been appointed chief investment officer (CIO) at Knight Frank Investment Management (KFIM) following Matthew McDonald’s promotion to the role of CEO.
Styles, who has been a member of the KFIM board since the business launched in 2012, will continue to be responsible for the UK direct portfolio of Local Pensions Partnership Investments – one of the eight local government pension scheme asset pools. He will also continue in his role as chair of KFIM’s investment committee.
Styles said: “I am delighted to take on the CIO role at a time of significant change in the markets and the property investment management industry. Continuing to deliver strong financial returns whilst meeting ESG objectives for our clients and responding to some investors’ desire to make impactful investments will present interesting opportunities and challenges.”
