RIT Capital Partners investment manager names CEO successor
Fanari is currently senior managing director and global group head of high conviction equities at Ontario Teachers’ Pension Plan, where she has been since 2006.
She will succeed outgoing CEO Francesco Goedhuis, who is stepping down due to an illness in the family and will transition to a senior adviser role.
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Fanari is currently senior managing director and global group head of high conviction equities at Ontario Teachers' Pension Plan, where she has been since 2006.
She has also served as a non-executive director at RIT for the past four years, and will step down from the board once she joins JRCM.
James Leigh-Pemberton, chair of RIT, said: «We are delighted to appoint Maggie to the role of CEO of JRCM. The track record of the team she has led at OTPP has been outstanding. She knows RIT and JRCM well, and we look forward to working with her to deliver the exceptional long term returns to our shareholders which have been the hallmark of RIT over the years.»
Fanari added: «I am delighted to be joining JRCM and look forward to leading an exceptional team to deliver significant value for shareholders. Having been a director on the board over the past four years, I believe there is tremendous potential to further scale and grow the firm by building on its strong foundation of active management.
»The firm's strategy of investing across asset classes and geographies, with a unique network of tier one partners, and world-class brand sets the firm apart from its peers to deliver enhanced returns through a globally diversified portfolio over the long term."
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Numis analyst Ewan Lovett-Turner said Fanari appears
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