Psigma's Gregory steps down as fund manager

clock

TIM Gregory is stepping down as co-manager of the PSigma UK Income and Growth fund to focus on running the firm's private client business.

Gregory, who is chief investment officer of PSigma Investment Management (PIM), will now concentrate solely on the private client operation, which has seen its assets under management soar to £534m. Ian Chimes, managing director of PSigma Asset Management, said: “We felt that the private client side of the business required a full time chief investment officer’s attention.” Neil Cumming will take sole responsibility for the UK Income and Growth fund, which the company recently announced would be renamed as the PSigma UK Growth fund. As part of a series of changes to the fund, the f...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Wren Sterling adds £265m in client assets in latest deal

Wren Sterling adds £265m in client assets in latest deal

First advisory firm purchase of 2024 for national financial planner

Jenna Brown
clock 28 March 2024 • 1 min read
Consumer Duty Alliance looks to attract advice industry talent

Consumer Duty Alliance looks to attract advice industry talent

New Talent Alliance will be chaired by M&G Wealth Advice MD Tom Hegarty

Isabel Baxter
clock 27 March 2024 • 2 min read
PA Working Lunches: Register today to hear from SimplyBiz

PA Working Lunches: Register today to hear from SimplyBiz

Join us for an informative session worth one hour of CPD

Professional Adviser
clock 27 March 2024 • 1 min read