Brazier and Hutchins leave

Threadneedle’s head of UK equities Simon Brazier and co-manager Blake Hutchins have resigned from the firm with immediate effect.

Brazier and Hutchins leave
On joining Investec, Brazier will run UK equity funds consistent with his current UK alpha strategy and Investec will launch a UK equity income fund to be run by Hutchins.
Their funds will complement the range run by Investec’s Value Team head, Alastair Mundy, which includes the UK Special Situations Fund.
Brazier will form part of the Investec Quality capability where he will operate as co-head with Clyde Rossouw, manager of the successful Investec Global Franchise fund. 
Theadneedle's head of equities Leigh Harrison has taken over the firm's UK team of nine, which manages around £18bn across core, alpha, high alpha, income, mid 250, smaller companies and long/short portfolios.  
Also joining from Threadneedle are fund manager Blake Hutchins, analysts Ben Needham and Anna Farmbrough, and product specialist Neil Finlay.
Chris Kinder has subsequently taken over as lead manager of Threadneedle UK Fund, alongside his UK Extended Alpha Fund. Kinder has also taken over interim management of UK Select Trust before the Board announces Brazier's successor. 
Mark Burgess, chief investment officer at Threadneedle said: “Threadneedle has one of the largest and best performing UK Equities teams in the industry, and I am confident that under the resumed leadership of Leigh Harrison the team will continue to deliver for our clients. 
“We place great emphasis on teamwork and integrated research to ensure that our process is robust. This approach has produced a strong, consistent track record of results for our clients and this will not change. We will continue to invest to build additional resource in the team.”



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