Ashburton to manage assets of Hansard's Dollar Cautious fund

Hansard International has appointed Ashburton (Jersey) to manage the US$6m of assets of its US Dollar Cautious Managed Fund. Ashburton replaces Morgan Stanley Quilter in the management of this fund. The appointment is part of a restructuring taking place at Hansard which has to date appointed around 12 firms to manage its various funds. 'As the markets have changed, we decided to look at the whole range of our funds and bring in specialists, using the best-of-breed approach,' said Vince Watkins, group financial controller at Hansard. Several of the top ten fund managers named in a rec...