Credit Suisse has made Leigh Harrison the replacement manager for its Income and Monthly Income fund...
Credit Suisse has made Leigh Harrison the replacement manager for its Income and Monthly Income funds in the event of Bill Mott's absence.
Following the acquisition of the Sun Life of Canada asset management business, Harrison has been working closely with Mott and is regarded within the company as Mott's deputy. In Harrison's absence, Mott will take over as manager of the Extra Income fund.
Mott said: 'Bringing Leigh, Phil True and Crispin Finn on board has given the team strength in depth, and to some extent has helped take the load off my shoulders. I'm now happier at Credit Suisse than I have been at any time in the past three years and have no intention to retire in the foreseeable future.'
He added that he had recently received a number of attractive offers from some big fund management houses but had decided to stay and commit himself to Credit Suisse for the rest of his career.
'Speculation about my departure is wrong,' he said. 'I'm doing what I want to be doing which is running income money in an environment where I have more support than ever before. We have been able to generate new ideas for each-other's funds.
'For example, I'm very much a top-down manager, and one of the areas I've not been so strong on has been in picking stocks which will generate short-term performance but Leigh specialises in this. Both my funds are benefiting from the new team approach.'
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