Pinnacle to launch second UK affiliate

Posted by Anton Murray Consulting on 8 May, 2024

InvestorDaily

Pinnacle Investment Management has announced it plans to launch a new affiliate from a team departing Royal London Asset Management. The asset manager has seen a number of global equities team depart the business including head of equities Peter Rutter and portfolio managers Chris Parr, Will Kenney, James Clarke and Niko de Walden. Rutter had worked at RLAM since 2017 from Waverton Asset Management where he was a director of global equities.

The team were responsible for £10.4 billion ($20 billion) in assets under management across the firm’s global equity funds. An ASX statement said: “Pinnacle confirms its intent to establish and back a new affiliate led by members of that team in due course, subject as usual to the pre-existing contractual obligations of those team members.” This is the firm’s third offshore affiliate and its second in the UK. It already has Aikya, a emerging markets firm in UK and Langdon Equity Partners, a smaller companies manager based in Toronto, Canada.

The rest of this article can be found at investordaily.com.au.

Latest market insights

Funds’ views on superannuation performance test enhancement diverge

› Read more

The war on ESG: An evolving quagmire of arms investments

› Read more

BlackRock and Blackstone outline next ‘enormous’ opportunity in AI

› Read more

Pinnacle to launch second UK affiliate

› Read more

Super fund returns could hit double digits for FY24

› Read more

X feed

The successful candidate for this role will provide consulting services to hiring managers and advise on hiring strategies: https://ow.ly/5k4l50RGE8G

We are seeking articulate and confident candidates who are eager to work in an HR/recruitment related position. With Anton Murray Consulting you can be rewarded based on hard-work and your capacity to generate revenue for our business: https://ow.ly/Cue250RCYE6

A leading global financial services firm is seeking a contractor initially for 12 months to join their operations department focused on Global Payments & Treasury Services Operations: https://ow.ly/1rLq50RCXVR

Funds’ views on superannuation performance test enhancement diverge: https://ow.ly/QtfK50RCY0K

Sign up to our newsletter

Sign up to our newsletter

"*" indicates required fields

By subscribing to our newsletter I agree to the collection, use and disclosure of my personal information in accordance with our Privacy Policy