Polen Capital has hired abrdn’s Ben Pakenham (pictured) and three members from his team in an expansion of the firm’s London office.
Along with Pakenham, investment directors Adam Tabor, Andrew Carrie, and Julien Martin join the Polen Capital team.
Pakenham was previously head of European high yield and global loans at Abrdn, which will now be led by Steve Logan as he returns to the firm from PGIM after four years. Pakenham has thirteen years of investment experience, including managing the Abrdn High Yield Bond fund since 2012 and co-managing the Marlborough High Yield Fixed Interest fund alongside Tabor.
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The high yield bond fund has returned 20.55% in the past five years compared to a sector average 17.95%, according to FE Fundinfo. The fixed interest fund, which Pakenham has managed since 2015 and Tabor joined in 2020, has returned 21.83% in five years compared to a sector average 17.95%.
Polen Capital, which is based out of the US, has 18 investment strategies and global offices in London and Hong Kong.
