As a Head of UK Pensions Advisory with 20 years' experience in consulting and asset management, I excel at delivering innovative and bespoke solutions to institutional investors, with a particular specialism in Defined Benefit & Defined Contribution pension schemes. My expertise spans all mainstream and alternative asset classes and derivatives, in both the UK and overseas markets. In my current role, I enable UK pension funds to achieve their objectives by advising on strategies that take into account the client’s funding goals, investment beliefs and tolerance for risk. This advice spans strategic asset allocation, liability hedging policy, asset class suitability, and practical implementation approaches.My responsibilities also include the day-to-day management of Columbia Threadneedle Investment’s(CTI’s) UK fiduciary offering, including resourcing and recruitment, strategic planning and business development. I also oversee Asset Liability Modelling and am a key member of our Model Portfolio Group. I am particularly adept at leading teams through change, even during challenging periods, as most recently demonstrated by my experience as Head of Solution Design at BMO. Notwithstanding Covid-19 and CTI’s acquisition of BMO, I transformed the team from one focused on LDI structuring and reporting, into a broader investment solutions team that underwrites the success of multiple lines of CTI’s institutional business. I also successfully led the team through the 2022 UK Gilt crisis, helping to ensure successful client outcomes during a period of intense market stress.In my experience prior to BMO, I demonstrated an ability to build successful businesses, and to craft and present strategic advice to a range of clients, including individual savings and insurance providers. I am also a qualified actuary. I have frequently contributed to the development of my sector through public-speaking events and written thought pieces.
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Advisor To BoardVersepropUnited Kingdom -
Head Of Uk Pensions Advisory And Delegated Client Portfolio ManagementColumbia Threadneedle Investments Emea Apac May 2023 - PresentLondon, England, United Kingdom- Leads advisory offering at Columbia Threadneedle and manages UK fiduciary business. Responsibilities include strategic planning, resourcing and recruitment and business development.- Enables UK pension funds to achieve their long-term goals by helping clients set strategic objectives, considering their risk tolerance, the sponsor covenant, and UK regulatory requirements. - Advises on journey planning, strategic asset allocation, liability hedging policy, asset class suitability, and implementation approaches. Coverage includes all major asset classes and derivative strategies. - Supervises Asset Liability Modelling and long-term capital market assumptions for UK clients. - Key contributor and member of Model Portfolio Group. - Investment lead on prospecting activity for UK fiduciary management and other delegated/OCIO solutions. -
Head Of Solution Design, Investment SolutionsColumbia Threadneedle Investments Emea Apac Jan 2021 - May 2023London, England, United Kingdom- Led team that designs tailored Liability Driven Investment (LDI), Cashflow Driven Investment, and fiduciary management strategies in the UK and Europe, with assets ranging from £10m to £1bn+. - Successfully led team’s evolution from an LDI structuring and reporting function to a broader solutions team, underwriting the success of multiple institutional business areas. Accomplished this during period of significant change, including not only Covid-19 but also CTI’s acquisition of BMO. - Demonstrated successful team management through periods of intense pressure, including the 2022 UK Gilt crisis. -
Director Of Solutions Development (Bmo Gam Emea, Prior To Acquisition By Columbia Threadneedle)Columbia Threadneedle Investments Emea Apac Jan 2017 - Jan 2021London, England, United Kingdom- Developed new solutions strategies across a range of markets, focusing on a wide variety of clients’ needs. - Provided a range of bespoke and mass market solutions across LDI, fixed income, multi-asset, equities, and alternatives, working with senior investors. Covered pensions, insurance, and individual savings. - Maximised the firm’s solutions capability, working closely with colleagues across the company. - Set strategic goals and priorities for the solutions business, working alongside senior executives. - Authored thought pieces and presented to industry experts at external conferences and seminars.- Worked across UK, German, Irish, Dutch and Canadian markets. -
Fiduciary ManagerSchroders Jan 2016 - Jan 2017London, United Kingdom- Completed development of Schroders’ full fiduciary offering. - Implemented prospecting campaign, growing full FM business to over £1bn AUM in first year. -
Uk Strategic SolutionsSchroders Nov 2009 - Dec 2015London, United Kingdom- Enabled the development and launch of Schroders’ highly successful fiduciary offerings for Defined Benefit pension schemes. - Responsibilities included leading development of the business case for Fiduciary Management; working closely with Multi-Asset and LDI teams to develop investment propositions; designing and implementing prospecting campaigns; operational development; building the client service model and leading risk, legal and compliance workstreams.- Personally secured five new fiduciary business wins; provided support across the high-value consultative sales function.- Provided strategic advice and investment analysis to a range of institutional investors, clients and prospects, including local authorities and charities. - Built proprietary Asset Liability Modelling tools for Defined Benefit and Defined Contribution pension schemes. - Devised diverse strategies, including pooled and segregated LDI, equity risk protection, alternative assets, active and factor-based equities and benchmark relative and absolute return fixed income.- Spoke at a number of external conferences, seminars, and training events, demonstrating sector expertise. - Wrote numerous articles and thought pieces for technical and non-technical audiences. -
Investment Consultant/Actuarial ConsultantWillis Towers Watson Aug 2004 - Oct 2009- Prepared and delivered investment strategy advice for pension scheme trustees and corporate sponsors. - Undertook Asset Liability Modelling and risk budgeting. - Gained broad and deep understanding of mainstream and alternative asset classes.- Provided actuarial advice to Defined Benefit and Defined Contribution pension schemes. - Managed two client-facing teams.
Jonathan Smith Education Details
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Fellow Of The Institute Of Actuaries -
Mathematics And Philosophy
Frequently Asked Questions about Jonathan Smith
What company does Jonathan Smith work for?
Jonathan Smith works for Verseprop
What is Jonathan Smith's role at the current company?
Jonathan Smith's current role is Advisor to Board.
What schools did Jonathan Smith attend?
Jonathan Smith attended Institute And Faculty Of Actuaries, University Of Oxford.
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