UK - Fledgling independent investment manager Ashcourt Asset Management has hired a senior investment manager as part of push into the UK pensions market.
Charlie Simkins will join the firm from July 8, 2002. He joins Ashcourt from Gerrard Limited (formerly Greig Middleton) where he served on the global asset allocation committee. As a director he was primarily responsible for managing investment portfolios for several charity and pension fund clients. Previously he was a director of Henderson Pension Fund Management and head of the North American investment desk.
Ashcourt chief executive John Morton said: [Simkin’s] appointment is an important step forward in our expansion. His top level experience especially in terms of managing complicated portfolios for major institutional clients will be a valuable addition to our growing capabilities.
Ashcourt Asset Management was formed in May 2000.The company was founded by chief executive John Morton and two law firms, Brachers and Wilsons. Blake Lapthorn joined in May 2001 and the investment management team from law firm, Lawrence Graham, joined Ashcourt in May 2002.
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