People Moves

Kames Capital Makes Equity Fund Hire

Mark Shapland Reporter London 9 December 2014

Kames Capital Makes Equity Fund Hire

UK investment house Kames Capital has made a senior equity hire.

UK investment house Kames Capital has made a senior equity hire.

Luc Simoncini joins as a product specialist and was previously at Dublin-based Mediolanum International Funds. He reports to Stephen Adams, head of UK equities at Kames Capital, and will work across the group’s range of equity funds.

"Luc’s expertise and extensive knowledge of investment markets, combined with his first rate contacts across the industry, make him a valuable addition to the team. He will undoubtedly play a key role in the future success of the business as we look to further develop and grow Kames Capital," said Adams.

Last week the firm launched two new funds to complement its existing range.

The launch of the Kames Equity Market Neutral Fund and the Kames Equity Market Neutral Plus Fund means the firm now has four absolute return funds in its investment range.

The Kames Equity Market Neutral Fund is aiming for return of cash plus 4 per cent, in all market conditions, over a 36-month rolling term. The fund will be managed by David Griffiths and David Pringle, who currently run the Kames UK Equity Absolute Return Fund, as well as Malcolm McPartlin. It will typically hold 50 to 100 equity asset positions.

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