Stevenson to leave SVM UK to set up own firm

The duo will team up with another, as yet unknown fund manager, but only once Stevenson has cut all ties with the firm for whom he has worked for the last 13 years. SVM expects the manager the UK Opportunities fund to serve until the end of the year, overlapping with any successor. Kelly, who headed up the firm’s UK Select 100 fund will leave earlier. The Edinburgh boutique, headed up by managing director Colin McLean, has portrayed the departures as amicable and insisted its products were run on a team approach although it will be seeking replacements. Mark Noble, head of retail sale...