Veteran Evershed to join Hargreave Hale

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Patrick Evershed, the former New Star small cap manager, is set to join stockbroker and investment boutique Hargreave Hale.

The manager, who left New Star in September following continued dire performance of his Select Opportunties fund, will be managing the investment funds of his private client business, estimated at around £20m of assets. He is currently involved in a legal dispute with his former employers, citing constructive dismissal. Evershed previously worked at Rathbones and Framlington, and brings over 40 years' investment experience. Evershed says: "I joined Hargeave Hale because I am very impressed by their very high ethical standards. They always put their investors and clients first and beca...

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