Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a655887
F&C hires A-rated Fox to lead multi-asset as Kinsey-Quick exits
by Annabelle Williams on Feb 04, 2013 at 14:10
F&C Investments has poached A-rated manager Ben Fox to head up its multi-alternative asset business.
Fox joins from the firm he founded, Goodhart Partners, to replace current boss Ken Kinsey-Quick (pictured), who is set to leave at the end of March. Alex Jones, a portfolio analyst at Goodhart, will also transfer to the F&C multi-alternative team.
Fox will co-head the team with Kinsey-Quick's departure until the latter's departure.
As part of the arrangement Fox will bring across his top performing Goodhart Partners Horizon Target Return fund.
The fund has made 10.3% over the last three years compared the 2.43% return in its Libor GBP 3 Month benchmark, and is ranked fourth out of 15 in the funds of funds sector.
'Developing our multi-asset business is a core focus for F&C in 2013, and Ben’s appointment is a significant step in the building of our capabilities in the multi alternatives component of this.
'Ben is not only a highly regarded manager, with an outstanding record, but the Target Return fund is a strong complement to our existing range, and provides a compelling investment opportunity for investors,' said Mandy Mannix, head of client service and distribution at F&C.'
Prior to founding Goodhart, Fox managed retail strategies in the fund of funds team at Fidelity and institutional strategies as head of fixed income research at Aon Consulting.
News sponsored by:
Today's top headlines
More about this:
Look up the fund managers
Aberdeen Live supplement: Fundamentals point to ongoing flows and solid returns from EMD
After a record year for inflows and market-leading performance in 2012, emerging market debt has taken a large step towards the mainstream. Our recent debate covers the outlook for the asset class this year and where opportunities can be found.
On the road
by Dylan Lobo on Jun 19, 2013 at 09:33