Premier shakes up managers on Alternative Strategies fund

clock

Premier has hired former Framlington CIO Neil Birrell to run its £63m Alternative Strategies fund, after co-manager Raj Hallen exited the firm.

Hallen co-managed the fund since inception in December 2010, before leaving the group at the end of last year. His co-manager Fred Fulcher has been taken off the fund, but will remain at the group. Over the past year the fund has returned 14.8% in the IMA Specialist sector, according to Morningstar. Birrell has 27 years of investment experience, including fund manager roles at Prolific Asset Management, Framlington Asset Management and most recently at Elcot Capital. Mike O'Shea, Premier's chief executive, said: "At a time when Premier's products and performance are growing in r...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Managed solutions

Multi-asset sentiment indicator: Positive view on UK equities

Multi-asset sentiment indicator: Positive view on UK equities

'UK equities remain cheap when compared to overseas'

Paul Ilott
clock 13 March 2024 • 5 min read
Insourcing is 'evolution not revolution' for advice firms

Insourcing is 'evolution not revolution' for advice firms

‘We see it as an elegant halfway house for both advisers and their clients’

Isabel Baxter
clock 05 March 2024 • 2 min read
Timeline portfolios go live on SS&C Hubwise platform

Timeline portfolios go live on SS&C Hubwise platform

Move to ‘drive down costs and improve results’ for advisers

Jenna Brown
clock 28 February 2024 • 1 min read