Longstanding Ninety One global equity manager pair exit
Mark Breedon and Christine Baalham are both exiting the business, Ninety One has confirmed.
Mark Breedon and Christine Baalham are both exiting the business, Ninety One has confirmed.
Breedon, co-manager of the £1.1bn Global Strategic Equity strategy and its £281m OEIC version, will be retiring in December 2023, after a career spanning 46 years, including 20 years with Ninety One.
«We are tremendously grateful for Mark's contribution to the firm and our clients,» Ninety One said in a statement.
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The Global Strategic Equity strategy will continue to be co-managed by Rhynhardt Roodt and Dan Hanbury, the firm said.
Ninety One appointed Hanbury as co-manager of its Global Strategic Equity strategy in May following his return to the firm last year, after leaving River and Mercantile ahead of the company's acquisition by AssetCo.
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Baalham, co-manager for Ninety One's £544m Global Equity strategy, is leaving the asset manager to take up an opportunity at another unnamed firm. She has been a fund manager with Ninety One for 23 years.
The Global Equity strategy will continue to be co-managed by Roodt and Jonathan Parker.
«We are most grateful to Christine for her contribution to our firm and clients and wish her all the best,» a spokesperson for Ninety One said.
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