INVESTEC will be bringing the management of its European fund and GSF Continental European fund in-house.
The two funds will be run by the company’s 4Factor equity investment team, with Nigel Hankin and Ben Williams appointed jointly to run the offerings. Current investment advisers for the funds BlackRock International will relinquish responsibility on January 1, at which point the 4Factor team – who use a systematic method of stock selection – will take over. The £188.7m Investec European fund, currently managed by Albert Morrillo, is third quartile over one and three years in the IMA Europe ex-UK sector, while the Continental European Equity fund has underperformed against its sector a...
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