The success of the company’s recently launched funds – the Global Strategy, Strategic Partners and the Gold and Resources fund – has catapulted it into the exclusive club and the company, which is ultimately owned by South Africa’s Standard Bank, has been hiring a number of professionals to continue its asset growth.
Collectively, the funds have over £280m in assets under management.
harles Howlett joins Liberty Ermitage as senior portfolio manager.
An equity specialist, Mr Howlett has nine years’ investment management experience having previously run hedge funds at Regent Pacific Group and latterly on the European desk at DKB in London.
lan Scrimger also joins the team.
Mr Scrimger has extensive experience in foreign exchange and interest rate trading having held senior positions at Lloyds TSB and latterly at Royal Bank of Scotland International, where he ran the sterling interest rate book.
Liberty Ermitage has won a number of significant and highly visible institutional mandates in the past six months and we are gearing up for the next phase in our growth,’ said the company’s head of strategic investments Ian Cadby.
‘As a group we consciously hire seniors with a high technical competency and the capital markets downturn has come at a very favourable time for us.
We have been able to attract some highly talented people from mainstream investment banks to bolster our investment team – our preference always being to hire ex-traders and hands-on money managers.
