T Bailey has appointed Peter Askew as a senior fund manager to work alongside Elliot Farley, co-managing the £171.7m Growth, £25.5m Dynamic Cautious Managed and £16.5m Defensive Cautious Managed funds.
T Bailey co-manager of the Growth fund with Farley, Richard Martin will step back from day-to-day fund management but continue to play an active role as a member of T Bailey’s investment committee.
Prior to his appointment Askew held positions at T Rowe Price, Flemings and JP Morgan, as well as holding senior roles over the past ten years at fund of hedge funds specialist Aida Capital and Standard Life Investments.
Askew begins his new role today. His appointment as co-manager of the three funds is subject to approval by the Financial Conduct Authority.
T Bailey chief investment officer Peter Letley says: “Just as we take a long-term approach to managing money, we have invested considerable time and resources in selecting the right candidate to join the team at T Bailey.
“Peter’s impressive investment pedigree and the breadth of his expertise and experience complement the considerable skills we already have at T. Bailey and we believe he will play an important role in our continuing growth.”