Monaco and Garland depart Ardevora in reshuffle

After undergoing a strategic business review, partners Jon Garland and Gianluca Monaco have left Ardevora Asset Management.

Monaco and Garland depart Ardevora in reshuffle

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As part of the specialist equity boutique’s reorganisation, three global equity analysts have also been added to bolster the firm’s investment research capability.

Chambers said: “Since being formed by Jeremy Lang and William Pattisson in 2010, specialist equity boutique Ardevora Asset Management has delivered strong returns for investors and seen assets under management consistently rise year-on year to its current level of $6bn.

“This success has been built upon the team’s unique research-based investment process, which is grounded in cognitive psychology.

“As the group looks ahead to its next phase of growth, Ardevora has implemented a number of initiatives to ensure it can continue the success it has witnessed over the past seven years.”

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