Edentree Investment Management is on the hunt for a new chief investment officer as Robin Hepworth steps down from the position within a couple of weeks.
Hepworth (pictured) is seeking to reduce his responsibilities at the firm that he has been with for over three decades, a press release said. Edentree deputy chairwoman Sue Round will be acting CIO until a replacement is found.
Hepworth will remain with the firm but will focus on his role as senior fund manager focusing on property. He will take on a supporting role on the Edentree Higher Income fund, which he has managed since launch in 1994, with Chris Hiorns becoming lead manager. Hiorns has been at the firm since 1996.
Edentree boss Andy Clark said the business was grateful for Hepworth’s long service and that his experience and knowledge would continue to help the investment team.
Clark only joined Edentree last month from his previous role heading up HSBC Global Asset Management’s UK business. He took over from Round, who had been interim CEO.
Hepworth steps down from the position on 1 November 2020.
