Veteran SLI real estate boss moves on

Andrew Jackson, veteran of Standard Life Investments’ real estate team, has announced that he is to end his 25 year career with the firm this year to pursue other interests.

Mr Jackson’s departure in October from his role as head of SLI’s wholesale and listed real estate funds, which manage £18.2bn of assets in direct real estate, public listed real estate and real estate debt, is likely to prompt a reshuffle at the Edinburgh-based asset manager.

SLI head of real estate David Paine said: “Andrew has made a significant contribution to the team over 25 years at Standard Life Investments. Starting in property research he has held a number of roles within the team.

“He played a key role in creating the innovative Global Real Estate fund as well as the development of our global Reit funds and the management of the team responsible for both SLIPIT and the SLI UK Property fund.”

It has been reported that current SLI fund managers Svitlana Gubriy and James Britton will be appointed as head of global Reit funds and global real estate funds respectively in the wake of the announcement.

Gubriy, who joined SLI in 2005, is currently fund manager for the global Reit focus Sicav fund and deputy fund manager on the global Reit unit trust. She will now be made fund manager of the unit trust.

Britton, who joined the company in 2006, is fund manager of both the Unit Linked Life fund and the advisory South Yorkshire Pensions Authority mandate.