James Foster is set to retire from Artemis Investment Management at the end of 2021, after more than 30 years in the industry.
He departs the firm after 16 years and leaves behind the £1.8bn Artemis Strategic Bond and £700m Monthly Distribution funds, which he has managed since their launch in 2005 and 2012 respectively. Alex Ralph, manager of the £920m Artemis High Income fund and co-manager of the Strategic Bond fund, is also set to depart the firm. She has managed the Strategic Bond fund alongside Foster since its launch. The duo will be replaced across their funds by a combination of new and existing team members, while Stephen Snowden, who joined the firm in 2019, has become the new head of fixed income....
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