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UBS US Growth manager Kemp exits
Markets
by Emma Dunkley on Nov 13, 2012 at 12:11
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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