Credit Suisse has today announced that Bill Mott is to give up day-to-day management responsibilitie...
Credit Suisse has today announced that Bill Mott is to give up day-to-day management responsibilities for the Credit Suisse Income and Monthly Income portfolios from 1 August.
Manager of the group¹s Alpha Income fund Leigh Harrison will assume responsibility for the two funds from that date.
Mott is to remain with Credit Suisse as a thematic and strategic adviser, working with the UK equity team to identify changes in major investment themes. He will be withdrawing from sales and marketing responsibilities.
Harrison joined CSAM in December 2001 following the group¹s acquisition of SLC Asset Management.
Ian Chimes, Managing Director of CSAM Funds (UK) says: "We are in an excellent position to pass the management of two of our income funds to an individual with such a strong proven track record in this area. Most importantly there will be continuity as both Harrison and Mott have similar investment styles."
Mott adds: "I am still passionate about CSAM and the fund management industry and have certainly not ruled out running funds again for CSAM in the future but after 27 years I feel it is time to reduce my responsibilities and focus on big picture investment themes."
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