Former Citywire AA-rated manager Scott McKenzie has returned to the industry with Saracen Fund Management after a five-year absence.
McKenzie, a UK equity income specialist, has run a range of funds in his 19-year career history.
These include the Norwich UK Equity Income fund (now Aviva) and the Martin Currie UK Equity Income fund. In 2009 he quit Martin Currie to pursue interests outside of the fund industry.
Commenting on the appointment, Saracen chief executive Graham Campbell said: 'I am delighted to have someone with Scott’s knowledge of income funds and the UK equity market joining Saracen.
'Scott is a talented analyst and his wealth of experience will add an interesting dynamic to our team and help provide a solid research base to deliver consistent returns for our clients and support the growth of Saracen Growth and Saracen Global Income & Growth funds. '
McKenzie added: 'After a period of five years managing my own businesses I am looking forward to returning to the fund management industry and working with Saracen to help them achieve their significant growth potential in the years ahead.'