Premier Miton Investors has hired Aberdeen Standard Investments fund manager Alan Rowsell and analyst Imogen Harris to launch a global smaller companies fund.
The pair will join Premier Miton in October.
Last week it was announced the duo was leaving Aberdeen Standard in a move that sees smaller companies veteran Harry Nimmo return to co-manage the fund he launched in 2012.
Rowsell (pictured) was previously manager of the £1.2bn ASI Global Smaller Companies fund since its launch in 2012, while Harris worked as an investment analyst on the fund since 2016.
Before managing the ASI Global Smaller Companies fund, Rowsell was senior vice president of US equities at the firm. Prior to that, he was an investment manager at Singer & Friedlander.
‘Another statement of intent’
The hire of Rowsell and Harris represents the second investment team Premier Miton has taken on in as many weeks following the appointment of Lloyd Harris and a number of his colleagues from Merian Global Investors to join as head of fixed income and lead manager of the Premier Corporate Bond Monthly Income fund.
Fairview Investing investment consultant Ben Yearsley said: “After the appointment of Lloyd Harris and team from Merian last week it’s another statement of intent from the newly merged business.”
A true long-term engine of growth for many portfolios
Premier Miton chief investment officer Neil Birrell said Rowsell has built a strong track record for performance and raising AUM in the smaller companies’ space.
“We see smaller companies as a true long term engine of growth for many portfolios and an area of the market where active investors can make a significant, positive impact. We are very pleased to be able offer our clients an attractive fund in this space, managed by a proven, highly regarded investor.”
Rowsell said: “We will have the relevant investment resource in place on day one of the launch and I look forward to offering Premier Miton clients access to an actively managed portfolio in a dynamic and compelling asset class.”
Premier Miton said further details of the new fund will be announced soon.
