Investec Global Gold – Recommended removal

Date:
Author:
The Adviser Centre Team
IA Sector:
Specialist
Asset Manager:
Ninety One

Following the news that Bradley George, Head of the Commodities & Resources investment team at Investec, is changing role within the firm, we have removed the Investec Global Gold fund from the Recommended list.

In addition to leading this well-resourced specialist team, Mr George acted as co-manager of the Investec Global Gold fund alongside Scott Winship.  Mr Winship is also in the process of transferring to a different investment team and the fund will be managed by George Cheveley and Hanré Rossouw from 1 April 2015.  On this date, Tom Nelson, the co-manager of Investec’s global energy strategies, will replace Mr George as Head of the Commodities & Resources team.

Although Mr Cheveley and Mr Rossouw are established members of the team, we believe the importance of this change requires the fund’s removal from the Recommended list.

We will be composing a ‘Guidance’ piece which will feature on The Adviser Centre in the coming days.

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