Portfolio Fund Management has appointed Paul Kim to work with investment director Richard Timberl...
Portfolio Fund Management has appointed Paul Kim to work with investment director Richard Timberlake on its fund of funds products, writes Leo Bland.
Kim resigned from his role at Capel Cure Sharp last month as senior portfolio manager on the Dublin-based Elite Personal Portfolio Service run by Old Mutual International. He joined Capel Cure from AXA Sun Life in October last year. Kim will join Portfolio from the beginning of August.
Timberlake is now working in a consultancy role at Portfolio rather than as a direct employee. Tim Miller, managing director at Portfolio, said that both Kim and Timberlake will be able to do some work for other companies.
Among the fund of funds products run by the group are an emerging markets unit trust, an Asia fund, a Europe fund and a high-income product.
Most recently the group launched a property fund earlier this year with investment management being provided by Portfolio's parent company,
For undisclosed sum
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