Sanford DeLand Asset Management (SDL) has hired Alex Brotherston, previously UK retail sales director at Franklin Templeton, as chief executive officer.
He will take on his new role on 1 April after spending 15 years at Rensburg Fund Management, which was acquired by Franklin Templeton in 2011 leading to Brotherston taking the UK sales director role. SDL currently houses the £660m UK Buffettology fund, run by founder of SDL and CIO Keith Ashworth-Lord, and the Free Spirit fund, managed by ex-Schroders manager Rosemary Banyard. Last year, Ashworth-Lord told Investment Week the Buffettology fund had seen assets soar from £100m at the start of 2017 amid a period of extremely negative sentiment towards the UK, and he was looking to add to...
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