Premier appoints senior investment manager

Premier will launch a global absolute return fund for Jennings to manage, which Premier expects to take advantage of the wider investment tools available under UCITs III legislation. Simon Weldon, managing director of sales and marketing at Premier, says the fund responds to “a thirst at the moment for lower volatile portfolio management”. The fund adds to Premier’s existing £55.39m low volatility fund, the Premier Absolute Growth fund, launched in 2001. Jennings will join Premier on March 3 from Morley Asset Management where he worked as senior fund manager and head of global equities...