Simon Edelsten has returned from retirement to join former colleague Alex Illingsworth at his new venture, Goshawk Asset Management.
Edelsten retired from Artemis in October 2023 after a decade managing the £236m Artemis Global Select fund and £372m Mid Wynd investment trust alongside Illingsworth.
He now joins Goshawk as chair of its investment committee. It was established by Illingsworth last year after he left Artemis for Harwood Capital Partners.
The global equity boutique made its first acquisition last month with the purchase of the Vermeer Global fund, bringing on board managers Tim Gregory, James Rowsell and Charlie Fricker.
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Edelsten said: “Alex wanted to get the band back together, and I couldn’t resist. I’ve known Tim and James for years – they’re outstanding managers. And, from what I’ve seen, Charlie is on track to become one of the best of the next generation.
“We all have a very similar approach to managing money, and the chance to run a modern active ETF together as well just made this too good an opportunity to miss.”
Illingworth added: “Simon and I know how to work well together, and we can demonstrate a long-term record of outperformance.
“With the addition of Vermeer, we make one of the most experienced fund management teams in the global equity space. We’re confident our experience and approach will appeal to investors.”
