Investec Asset Management announced that Simon Brazier, Head of UK Equities at Threadneedle Investments, will be joining the company in November 2014.
Brazier currently manages the highly rated £2bn Threadneedle UK Fund as well as a number of institutional mandates. Also joining from Threadneedle are fund manager Blake Hutchins, analysts Ben Needham and Anna Farmbrough, and product specialist Neil Finlay.
On joining Brazier will run UK Equity strategies consistent with his current UK alpha strategy and Investec will launch a UK Equity Income strategy to be run by Hutchins. They will have access to the significant research platform provided by Investec Asset Management’s extensive team of investment professionals. Their strategies will complement the well-established range run by Investec’s Value Team Head, Alastair Mundy.
Brazier will form part of the Investec Quality capability where he will operate as co-head with Clyde Rossouw, manager of the successful Investec Global Franchise strategy.
Domenico Ferrini, Co-Chief Investment Officer, said, “We are delighted that such high-calibre investment professionals have decided to join Investec Asset Management. This deepens our capability in UK equities and positions us to better meet the requirements of our UK advisor and institutional clients, and respond to the increasing interest from international investors for UK Equity strategies. “
David Aird, Managing Director, UK Client Group, said “Simon has an excellent UK equities track record. Positioning him alongside Alastair Mundy and his complementary Value Team provides our clients with a compelling choice of UK equity-centric strategies that strengthens our market position and relevance.”
Threadneedle Investments announced that after Brazier’s resignation Leigh Harrison, Head of Equities at Threadneedle has resumed responsibility for the UK Equities team. Leigh has overseen Threadneedle’s highly successful Equities franchise since 2010, and was previously Head of UK Equities from 2006 to May 2011.