SARACEN Fund Managers, the independent investment management company, today announce the appointment of high-profile fund manager, David Keir, as head of research.
David will join Saracen, www.saracenfundmanagers.com, headed up by Graham Campbell, with immediate effect and will work alongside the investment teams managing the Saracen Global & Income Growth Fund and Saracen Growth Fund.
David has more than 16 years experience in the industry, most recently with SWIP where he had a highly-successful track record as investment director and head of research, managing in excess of £5bn.
David has also worked with Edinburgh Fund Managers as well as KPMG.
Graham Campbell, chief executive at Saracen, comments: “We are committed to building our research base, providing excellent customer service and consistent returns to help us support and build long-term relationships with our clients.
“The key to this is the people at Saracen. David brings a wealth of experience to Saracen and is well respected as a rigorous and talented analyst.”
David Keir comments: “Saracen is entirely focused on investing with conviction and for the long term without any constraints of big company bureaucracy. It’s an exciting time for the business with some real opportunities in the market. I’m delighted to be able to help Saracen continue to grow and strengthen research.
Saracen Global Income & Growth Fund invests primarily in large, global businesses, which are strongly positioned in their markets, such as Atlas Copco, Colgate Palmolive, Givaudan and Novartis. Since launch, on 8th June 2011, Saracen Global Income & Growth Fund (Accumulation shares) has achieved a total return to 30th June 2013 of 29.0 per cent, compared to the total return on the FTSE All Share Index of 16.7 per cent over the same period.*
Saracen Growth Fund invests primarily in UK stocks with a bias to small and mid-cap companies such as Gleeson (MJ), Howden Joinery and Avon Rubber. Since launch, on 5th March 1999, Saracen Growth Fund Beta shares have achieved a total return to 30th June 2013 of 323.1 per cent, compared to the total return on the FTSE All Share Index of 84.3 per cent over the same period.*
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Contact: Caroline Campbell