Ashby joins Sarasin to run global equity portfolio

Former DWS manager Graham Ashby has joined Sarasin Chiswell to head up two open-ended income launches. Ashby, who managed the UK Equity Income and UK Equity Income Plus funds plus the Deutsche Equity Income investment trust at DWS, will run a Global Equity Income portfolio due for launch in the first half of this year. He will also manage a UK Income fund to come to the market at a later date. He left DWS last year after the group was bought out by Aberdeen Asset Management. Chief investment officer at Sarasin Chiswell, Guy Monson, said the motivation behind the launches is the significa...