Sanlam Investments growth equities team joins Landseer AM as funds stay put
Investment Week understands the move has been made in order to take advantage of the institutional and European distribution capabilities of Landseer.
Senior members of the team will become partners at Landseer and will continue as managers of the Sanlam Asia Pacific Artificial Intelligence and Global Artificial Intelligence funds, and SVS Sanlam European Equity and North American Equity funds, which remain under Sanlam ownership.
Effective 1 January 2024, the agreement will see no changes to the management, fees, operational or custodial processes in place on the funds.
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Sanlam has also confirmed there will be no change to the investment philosophy, process or management team of the funds.
Investment Week understands the move has been made in order to take advantage of the institutional and European distribution capabilities of Landseer.
The firm said it «looks forward to a long and successful, mutually beneficial partnership with Landseer, as well as a continuing successful relationship with Chris Ford and his team».
Landseer was most recently in the news following the collapse of talks to transfer Freddie Neave, portfolio manager of the Odey European fund and OEI MAC, formerly alongside Crispin Odey, to the house.
Neave and the funds eventually transferred to Bainbridge Partners, in October.
Landseer has been contacted for comment.
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