Artemis has hired Kames Capital’s sustainable global equity team to launch a global equity fund.
The team comprising Craig Bonthron, Neil Goddin (pictured), Jonathan Parsons and Ryan Smith will be joining Artemis this autumn.
The sustainable fund will aim to invest in disruptive and innovative companies that have positive impact.
The four worked together at Kames Capital, where they managed significant assets, including the Kames Global Sustainable Equity Fund. Bonthron and Goddin were also co-managers on the Kames Global Equity and Global Equity Market Neutral funds.
They left Kames earlier this month as Kames announced changes to the three global equity funds.
The team will be based in Artemis’s Edinburgh office and will report to Artemis CIO Matthew Beesley.
Artemis senior partner Mark Murray said: “Considering impact and investing according to ESG principles are essential parts of fund management. We continue to build on the progress we have made to ensure that these important factors are integral to our business. The arrival of this experienced and respected team, with their focus on impact, will allow us to build on that progress – as we continue to concentrate on meeting our clients’ needs.”
In November 2018, Artemis swiped the Kames Capital fixed income team led by Stephen Snowden.
> See also: Artemis raises £80m for Snowden as his old Kames funds shrink
Last week Portfolio Adviser revealed Artemis had hired Adam Gent from Allianz Global Investors in the newly-created role of head of intermediated business. Gent joins the firm in August.
That followed the announcement, also revealed by Portfolio Adviser, that Artemis sales director Tony van Gool is leaving the business in August after 18 years.
In addition, Portfolio Adviser last week revealed Kames head of distribution for UK and Ireland Mark Savage had left the company after 16 years to “seek new challenges elsewhere”.
