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UBS US Growth manager Kemp exits

UBS US Growth manager Kemp exits

UBS Asset Management has announced that Lawrence Kemp, lead manager on the firm’s £126 million US Growth fund, is leaving the firm.

Kemp will be replaced by managers Sam Console and Peter Bye with immediate effect.

The manager joined UBS in 1992 and has worked in a number of roles, including co-head of fixed income and chief investment strategist.

Prior to joining UBS, Kemp was a high yield trader at Prudential Securities in 1987.

Kemp has delivered 36% on the fund over three years to 12 November, underperforming the benchmark which has returned 40.9% over this time.

 


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