Close tight-lipped over appointments

Professional Adviser
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Jersey-based Close Asset Management is yet to ann-ounce replacement managers for its All Weat...

Jersey-based Close Asset Management is yet to ann-ounce replacement managers for its All Weather fund following the defection of four managers to Rathbone Investment Management later this year. A spokeswoman for Close said it had identified the managers, who were internal appointments, but it would notify clients and regulators before making an announcement. The departing managers - Peter Paturel, Vaughan Rimeur, Phil Bain and Tim Ford - are responsible for both the investment strategy and management of a range of segregated domestic and international portfolios, unitised products and mul...

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