New fund management faces to look out for in 2014

This article is part of
Spring Investment Monitor - March 2014

When: March 6 2014 for income portfolios, January 28 2014 for Edinburgh Investment Trust

Joined Invesco Perpetual: 1996

Article continues after advert

Current funds: IP Income, IP High Income, IP Strategic Income, The Edinburgh Investment Trust, Perpetual Income & Growth Trust, IP Select Trust (UK Equity portfolio), IP Keystone Investment Trust

Assets under management: £24.7bn

Note: This includes £21.5bn from the two income funds last measured in January 2014 under the management of Neil Woodford not Mark Barnett.

Name: Alex Wright

Replacing: Sanjeev Shah on £2.85bn Fidelity Special Situations

When: January 1 2014

Joined Fidelity: 2001

Current funds: Fidelity Special Situations, Fidelity Special Values investment trust and co-manager on Fidelity UK Smaller Companies

Assets under management: AUM: £3.89bn

Performance since taking over: 1.84% (IMA UK All Companies: 2.95%)

Name: Ben Whitmore

Replacing: Tony Nutt on £1.9bn Jupiter Income Trust

When: January 1 2013

Joined Jupiter: 2006

Current funds: Jupiter Income Trust and Jupiter Special Situations

Assets under management: £4.4bn

Performance since taking over: 26.47% (IMA UK Equity Income: 28.73%)

Name: Diane Sobin

Replacing: Cormac Weldon on £2.1bn Threadneedle American Select

When: February 2014

Joined Threadneedle: 2011

Current funds: Threadneedle American Select, Threadneedle American Smaller Companies and Threadneedle US Equity Income Fund.

Assets under management: £2.8bn

Performance since taking over: 5.85% (IMA North America: 3.73%)

Name: Philip Matthews

Replacing: Richard Buxton on the £1.7bn Schroder UK Alpha Plus

When: October 16 2013

Joined Schroders: 2013

Current funds: Schroder UK Alpha Plus

Assets under management: £1.7bn

Performance since taking over: 7.34% (IMA UK All Companies: 8.57%)

Name: James Clunie

Replacing: Philip Gibbs on £251m Jupiter Absolute Return fund

When: September 1 2013

Joined Jupiter: 2013

Current funds: Jupiter Absolute Return

Assets under management: £251m

Performance since taking over: 1.51% (IMA Targeted Absolute Return: 3.59%)

Name: Randeep Somel

Replacing: Graham French on £3.3bn M&G Global Basics

When: November 2013

Joined M&G: 2005

Current funds: M&G Managed Growth and M&G Global Basics

Assets under management: £4.37bn

Performance since taking over: -3.04% (IMA Global: 0.82%)

Name: Simon Webber

Replacing: Virginie Maisonneuve on Schroder Global Alpha Plus and Schroder ISF Global Equity Alpha

When: December 2013

Joined Schroders: 1999

Current funds: Schroder Global Alpha Plus, Schroder ISF Global Equity Alpha, co-manager on Schroder Global Climate Change and Schroder ISF Global Climate Change Equity and part of the global sector team.

Assets under management: £633.1m in the two global equity funds, $21.2bn as part of the global and international equities desk

Performance since taking over: -2.15% (IMA Global: 0.55%)

Name: Dale Nicholls

Replacing: Anthony Bolton on £824.1m Fidelity China Special Situations investment trust

When: April 1 2014

Joined Fidelity: 1996

Current funds: Fidelity Funds - Pacific Fund

Assets under management (once switch takes place): £1.75bn

Name: Paul Niven

Replacing: Jeremy Tigue on £2.6bn Foreign & Colonial investment trust

When: July 1 2014

Joined F&C: 1996

Current funds: F&C Diversified Growth and F&C Managed Growth, and head of multi-asset investment.