Patrick Evershed is to join New Star Asset Management, where he will run a fund similar to the £26.4...
Patrick Evershed is to join New Star Asset Management, where he will run a fund similar to the £26.4m Special Situations portfolio he managed at Rathbones. Evershed left Rathbones three weeks ago claiming his position had been made intolerable by the company. He is now considering suing Rathbones alleging constructive dismissal. Since leaving Rathbones, Evershed said he has had received more than a dozen job offers. On joining New Star, he will receive an equity stake in the firm as a golden handshake and will manage a fund to be launched especially for him. 'They kept talking about...
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