CRUX’s Richard Penny joins Oberon Investments
Takes with him the CRUX UK equity fund range
Takes with him the CRUX UK equity fund range
Ending a 30-year career in portfolio management
Average annual return of 10 most expensive strategies was -17.3%, with some customers paying nearly 2.5%
As Keith Skeoch, Andrew Formica and Phillippe d’Orgeval step down
£580m fund was also recently named and shamed in Bestinvest’s Spot the Dog report
Previous ‘pawful’ performers from Invesco and SJP redeem themselves in latest edition of Spot the Dog
Crux Asia ex-Japan strategy is less tech-heavy than his former Baillie Gifford fund, with punchier positions in materials and commodities
He joins from Momentum Investment Solutions & Consulting
A senior vice president of the Arkansas-headquartered company will join the board in a non-exec role
Jamie Ward also had stints at Investec and Brown Shipley
Damian Taylor named deputy manager on two upcoming growth strategies focused on Asia ex-Japan and China
Move sees former Baillie Gifford India, China and Southeast Asia specialists reunited with Ewan Markson-Brown