Dan Hanbury has been appointed co-manager of Ninety One’s Global Strategic Equity strategy, having re-joined the firm from River and Mercantile in September 2022.
Hanbury (pictured) left River and Mercantile, of which he was a founding member, after its acquisition by Martin Gilbert’s AssetCo at the beginning of last year.
Now part of Ninety One’s 4Factor team once again, having helped to lay its foundations during his first stint at the firm, Hanbury will run the £1.2bn strategic equity fund alongside Mark Breedon and Rhynhardt Roodt.
Hanbury said: “The Global Strategic Equity strategy is a high conviction portfolio populated with stock specific alpha opportunities that is well positioned to deliver for our investors.
“By re-joining Ninety One and the 4Factor team I will be able to leverage the broad investment capability whilst continuing to raise the bar on managing a conviction portfolio.”
Mimi Ferrini, co-CIO at Ninety One, said: “Dan’s experience and outstanding track record for investing through economic cycles will be invaluable and ensure we continue to deliver value and help our clients to achieve their long-term investment goals.”