Investec's Whall to retire after 35-year career

Investec's Whall to retire after 35-year career

Charles Whall, co-manager of the Investec Global Energy funds is to retire at the end of January.

The manager will leave Investec Asset Management after a five year stint, ending a 35-year career in the oil and gas sector.

Mr Whall has managed the $769m (£623m) offshore and £93m onshore Global Energy strategies alongside Tom Nelson since joining Investec.

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Investec added Mr Nelson will continue to run the team as head of commodities and resources, and both the onshore and offshore Global Energy funds, supported by Graeme Baker, who is promoted from analyst to assistant portfolio manager. 

In a statement, Investec said: “Charles has played a key role in the management and evolution of our Global Energy strategies since 2012, and his in-depth knowledge of the oil industry has enabled us to navigate a period of structural change within the sector. We wish Charles the very best for his retirement with his wife and three daughters.”

The statement continued: “Graeme has been part of the global energy team since 2010, and has been a key contributor to all aspects of the portfolio management process in recent years.”