Russell Investments, the global asset management consultant that has been on a hiring spree for much of the year, has added two high-profile directors to its fiduciary management team, making good on long-held plans to grow that branch of its business.

Heath Mottram, who stepped down from his post as head of investment and funding at the Royal Mail Pension Plan last month, and David Hickey, the former head of UK and Ireland pension origination at Barclays Capital, are both joining as directors.