former old mutual fund manager will run a portfolio of stocks and exchange traded funds
Logie Cassells is making a return to retail fund management next month and will run a thematic-driven Oeic, the CF Richmond Core fund. Cassells left Old Mutual, where he had run the group's UK Growth, Hallmark Growth and Hallmark Income funds, last year and teamed up with boutique Richmond Fund Advisers (RFA). Joss Smith, a partner of RFA, will assist in the running of the portfolio. The fund will be a concentrated global vehicle, typically holding 30-40 stocks, with stock selection driven by Cassells' conviction that demographics is a crucial investment theme. Cassells will invest ...
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