Credit Suisse unveils new-look UK equity income team

The firm has hired Mira Bhogaita from Newton Investment Management to complete its five-person lineup, which also includes Michael Crawford, Marcus Chandler, co-head of UK equities Graham Ashby, and head of global equities Kim Goodwin. The team says it will adopt a fresh investment approach in 2008 and has laid down a set of new rules, including having minimum (1%) and maximum (5%) stock positions. It also says it plans to launch a new global equity income fund in the second part of next year. In addition, the team says it is committed to the UK IFA market and is planning a series of ...