Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Ex-Polar man Hardy quits Four Capital after just nine months

Ex-Polar man Hardy quits Four Capital after just nine months

Philip Hardy has left FOUR Capital Partners, the firm he joined from Polar Capital in November last year.

Hardy had departed Polar, where he had run the UK Absolute Return fund, the previous month after it closed down its UK equity desk. Citywire data show that in the three years to the fund’s closure, it had lost 6.1%.

Hardy took with him to FOUR a £166 million UK equity mandate from SEI, the global multi-manager specialist.

‘Philip Hardy is a portfolio manager with unique skill and experience in overlaying bottom-up stock research with a well-crafted macro perspective,’ explained Jason Collins, head of the UK investment management unit at SEI, at the time.

‘His team’s long-term assessment of value combined with shorter-term technical, sentiment and macroeconomic variables offer the ability to produce competitive results in varying market environments.’

A spokesperson for FOUR told Wealth Manager that that mandate had now followed Hardy out of the firm.

FOUR was established in 2006, and is now part-owned by Sanlam. Its £122 million Active UK Equity fund has returned 14.7% over the past year, compared with an average of 13.6% from its UK All Companies sector.

It is managed by Chris Rodgers, Tom Carroll and Edward Williams – all veterans of Schroders, where Hardy also worked earlier in his career.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.

Related Fund Managers

Christopher Rodgers
Christopher Rodgers
144/152 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 27.42%
Thomas Carroll
Thomas Carroll
143/152 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 27.42%
Ted Williams
Ted Williams
142/152 in Equity - UK (All Companies) (Performance over 3 years) Average Total Return: 27.42%
Phillip Hardy
Phillip Hardy
Citywire TV
Citywire TV
Citywire TV
Play Where A-rated Pattullo is finding the best bond opportunities

Where A-rated Pattullo is finding the best bond opportunities

Henderson Global Investors head of retail fixed income explains how he is managing his fund against the surprise current monetary policy divergence.

1 Comment Play Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Taxicab Tenner: Allianz Global Investors' AA-rated Simon Gergel

Our much anticpated new series is here! We hand a black cab driver a tenner and grill the manager of the 125-year Merchants trust until the meter runs out.    

Play Europe bulls, a retail boost and why a little inequality can be a good thing

Europe bulls, a retail boost and why a little inequality can be a good thing

This week’s Investment Pulse looks at whether investors should be bullish on Europe, the surprise rise in UK retail sales and if a little inequality is a good thing.

Your Business: Cover Star Club

Profile: meet the duo at the heart of Hargreave Hale's succession plan

Profile: meet the duo at the heart of Hargreave Hale's succession plan

For the first time in the company's history a non-Hargreave is now at the head of the north west broker and asset manager

Wealth Manager on Twitter