Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/wealth-manager/article/a706429
Richard Martin steps back from T Bailey fund of funds
by Robert St George on Oct 01, 2013 at 12:15
Peter Askew will now run the global equity fund of funds with Elliot Farley, with the duo also responsible for the T Bailey Dynamic Cautious Managed fund and the T Bailey Defensive Cautious Managed fund.
Askew (pictured) joined T Bailey in June, having previously led the global fixed-income teams at T Rowe Price, Flemings and JP Morgan.
‘We go to great efforts to attract talented individuals to join the growth story at T. Bailey and Peter brings a breadth and depth of experience that I have no doubt will make a significant contribution to our continuing success,’ commented Peter Letley, T Bailey’s chief executive officer.
The Growth fund has lagged the FTSE World index over one, three and five years. On a three-year view, it has returned 34% compared with the index’s 43%.
T Bailey added that Martin ‘will continue to play an active role as a member of T. Bailey’s investment committee’.
Askew has led global fixed income teams at T Rowe Price, Flemings and JP Morgan and has also held roles at Standard Life Investments and hedge fund specialist Aida Capital.
In 2008 he joined multi-family office Salisbury Partners, where he was a member of the investment committee with responsibility for income, multi-asset and hedge fund strategies.
Three years later he launched his own consultancy advising asset management businesses, while continuing in his role with Salisbury Partners.
News sponsored by:
Today's top headlines
More about this:
Look up the funds
- T. Bailey Growth Retail Acc
- T. Bailey Defensive Cautious Managed Retail Inc
- T. Bailey Dynamic Cautious Managed Retail Inc
Look up the fund managers
On the road
on Dec 10, 2013 at 12:57