Old Mutual Global Investors' Richard Buxton has told IFAonline sister title Investment Week his move from Schroders to his new firm is his last in fund management.
Buxton (pictured) joined Old Mutual in June as head of UK equities, surprising many investors by moving to one of Schroders’ rivals to take an identical role. He already ran a mirror fund of his Schroder UK Alpha Plus fund for the group, which was renamed the Old Mutual UK Alpha fund upon his arrival and has since grown to nearly £1bn in just six months. Buxton made the switch after claiming the opportunity to build a large-cap equity business was too good to refuse. He told Investment Week this will be his final role in a career spanning almost three decades. “I did 11 years a...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes