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Premier Asset Management Hires Top-Rated Threadneedle Manager

Wendy Spires

3 November 2010

UK-based investment manager Premier Asset Management  has brought in Chris White, formerly a director of Threadneedle Asset Management, as a senior investment manager.

Behind the hire is Premier’s decision to bring its income funds in-house, after their having been under the stewardship of PSigma Investment Management for the past year. In his new role, which he assumes on 17 November, White will assume management of the Premier Income, Alpha Income and Monthly Income funds from the start of December.

“His income skills and proven track record further enhance the existing UK equity team here at Premier. Having been looking for the right manager to look after these mandates for some time, we are thrilled that Chris has chosen to join us,” Simon Weldon, Premier’s managing director of sales and marketing, said in a statement.

White had been with Threadneedle from July 2002 up to February this year and had been responsible for several equity income and growth mandates. Before joining the firm he had worked for Legg Mason as manager of its LMI UK Equity Income and Monthly Income funds.