The property fund division of UK-based Royal London Asset Management has promoted a fund manager and an assistant fund manager.

Stephanie Hacking, previously assistant fund manager, has been promoted to fund manager, while former asset manager Andrew Johnston now holds the role of assistant fund manager. 

Hacking joined RLAM’s property team in 2006. Her promotion enables her to focus on projects, including two possible development schemes in Maidenhead and restoration plans in the West End, the firm said..

Johnston joined in 2007, working alongside royal London property fund manager Stephen Elliott. He was in charge of block renovation on King Street (Manchester) as well as managing a site assembly and a retail development project in Halifax.

Both Hacking and Johnston work across various RLAM portfolios, including the £208 million ($327 million) Royal London Property Fund.

Royal London was founded in 1988 and is owned by the UK-based life insurance company Royal London.