Investments  

Dan Kemp leaves Albemarle to join Morningstar

Dan Kemp has left Albemarle Street Partners to join Morningstar Investment Management.

Mr Kemp is set to join Morningstar on Monday as co-head of investment consulting and portfolio management.

He will lead Morningstar’s Europe, Middle East and Africa (Emea) investment portfolio team with Robin Johnson, reporting to Daniel Needham, global chief investment officer of Morningstar Investment Management.

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He is the second of the two founders to leave Albemarle this year, following the departure of Sam Liddle to Church House Investments.

Prior to founding Albemarle with Mr Liddle and Clive Hale, Mr Kemp had been a partner at Saltus and head of research at Williams de Broë.

Mr Needham said: “Morningstar Investment Management serves an increasing number of institutions and advisers, leveraging our research-driven asset allocation, manager selection, and portfolio construction capabilities.

“Dan’s investment management experience in the UK market will further strengthen our offering to clients.”

Albemarle has brought in Raj Hallen, formerly a multi-asset manager at Kleinwort Benson and Premier Fund Managers, to replace Mr Kemp.

It is understood that Albemarle’s venture with Chelsea Financial Services, FundCalibre, will be unaffected by Mr Kemp’s departure.