George Boyd-Bowman has been promoted from assistant manager to lead on the Neptune US Income Fund with immediate effect. Boyd-Bowman, who has been assistant manager of the fund since earlier this year, will adopt the same dividend-growth strategy favoured by Hackman.
Neptune CEO Robin Geffen will join Boyd-Bowman as co-manager of the Neptune Global Income Fund. Boyd-Bowman will focus on the US portion of the fund, to complement his new responsibilities.
Robin Milway will assume the lead manager position on the Neptune US Opportunities Fund with Pat Close and Ali Unwin’s roles on the fund unchanged.
Milway joined Neptune earlier this year as head of stock strategy from EFGAM. The investment process and philosophy of the Neptune US Opportunities Fund will remain unchanged.
“While we are disappointed that James Hackman has decided to pursue opportunities elsewhere, George Boyd-Bowman has established experience running dividend-growth focused mandates,” said a spokesperson. “As a manager of a global equity income fund George knows the US income market very well. A member of the team for over 6 years, George is a big talent and we have every faith he will carry on the good work James has done since taking over the fund in June 2014.”