SVM UK equity fund retains top rating after Assetco deal
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
But fund belonging to subsidiary R&M run by Hugh Sergeant loses accolade
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Roger Lewis only joined R&M in February 2021
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Freshly promoted head of equities James Sym and portfolio manager William Lough tapped to run the strategies
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As the company plans to attract more investors by sub-dividing its ordinary shares
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Equities team saw significant reshuffle ahead of Assetco acquisition, including Dan Hanbury’s exit
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Just two ballots were cast against the deal
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Takes his stake in the business to 0.22% ahead of Assetco investors giving the acquisition their final stamp of approval
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Fund group says outflows since announcement of Dan Hanbury’s departure have been ‘modest’
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Liontrust Strategic Bond fund also sees rating yanked ahead of David Roberts’ retirement
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Follows hot on the heels of Dan Hanbury’s resignation
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Matt Hudson left Schroders two years ago
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‘Asset management is a people business and individuals leaving and joining organisations is a regular occurrence’
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