Old Mutual Asset Managers (OMAM) has announced Simon Murphy will take control of its £109.3m UK Select Equity fund from March 2008.
Murphy joins from M&G Investments, where he managed the M&G UK Growth fund since April 2004.
OMAM fund distribution managing director Matthew Nagele says the firm is delighted to capture Murphy’s services.
“The UK all cap sector is a very large and important area for UK investors and we are sure that Simon’s skills will help us deliver an exciting and profitable UK all cap equity fund," he says.
OMAM CIO Eoin Murray added: “Simon is an experienced, highly regarded and successful UK equity fund manager and we are confident that he will thrive at OMAM where we have a strong history of working with very talented fund managers,” he says.
Garfield Kiff has taken immediate control of the £613.7m M&G UK Growth fund.
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