Hill Samuel's US equity team, headed by Katherine Garrett-Cox, has been hired by Aberdeen to run all ...
Hill Samuel's US equity team, headed by Katherine Garrett-Cox, has been hired by Aberdeen to run all its North American portfolios. Until now, Aberdeen's two US unit trusts and institutional funds have been managed by US-based Phoenix Investment Partners. Martin Gilbert, chief executive of Aberdeen, said one reason why he has brought the team on board was that potential institutional clients prefer all funds to be managed in-house. The team will join Aberdeen in about two months. Aberdeen's US funds have been a weak link in the group's overall fund performance. Gilbert said: "In the la...
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