Evershed departs Rathbones

Professional Adviser
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manager of special situations fund looks to take former employer to industrial tribunal

Patrick Evershed, manager of the AA-rated Rathbone Special Situations fund, has left the company and is seeking an out-of-court settlement with his previous employer. The £29m fund is to be taken over by Carl Stick, manager of the Smaller Companies, Capital Growth and Income funds. Evershed, who ran Special Situations since 1991, is seeking legal advice and is considering challenging the company for constructive dismissal. He is retaining the services of employment lawyers Fox Williams and said it was likely the case would go to an industrial tribunal. The fund has increased its liqui...

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