Close managers to join Rathbones

Professional Adviser
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Four fund managers from Close International Asset Management in Jersey are set to leave the firm to join Rathbone Investment Management International.

The team – Peter Paturel, Vaughan Rimeur, Phil Bain and Tim Ford, are currently responsible for both the investment strategy and management of a range of segregated domestic and international portfolios, unitised products and multi-manager funds for private clients, trustees and intermediaries. Andrew Henton, deputy chief executive of Close Wealth Management Group, confirmed it had accepted the resignations of three private client portfolio managers, but said another manager was considering his position. He said the departures would not have a big impact on the business, which employs 40...

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