Aberdeen adds US fund managers

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Hill Samuel's US equity team, headed by Katherine Garrett-Cox, has been hired by Aberdeen to run all...

Hill Samuel's US equity team, headed by Katherine Garrett-Cox, has been hired by Aberdeen to run all its North American portfolios. Until now Aberdeen's two US unit trusts and institutional funds have been managed by US-based Phoenix Investment Partners. Martin Gilbert, chief executive of Aberdeen, said one of the reasons why he has brought Garrett-Cox and her team on board was potential institutional clients prefer all funds to be managed inhouse. Garrett-Cox and her team will join Aberdeen in around two months time. Aberdeen's US funds have been a weak link in the group's overall fund...

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