Hackman gets to work on Neptune US Opportunities amid range restructure

Takes over from Wintle

Natalie Kenway
clock • 3 min read

James Hackman, new manager of the £307m Neptune US Opportunities fund following the departure of Felix Wintle, has begun reshaping the portfolio to incorporate a new investment philosophy and expects the process to be completed in the coming weeks.

The manager (pictured), who has also been promoted to head of US equities, has started making changes to the fund to reflect the 'CompoundEdge' investment philosophy, which he has been developing with co-manager Patrick Close over the past three years. The process of repositioning the fund will temporarily increase turnover to around 60%, but Hackman said the new investment process will ensure lower portfolio turnover over the long term. Neptune's Wintle exits amid US range restructure This approach is already used on the £31m US Income fund, which Hackman has managed for two years...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Funds

Passive asset managers pick up steam in fund selector rankings

Passive asset managers pick up steam in fund selector rankings

Broadridge Fund Brand 50 Report

clock 26 March 2024 • 2 min read
Robeco expands emerging markets equity range with ex-China strategy

Robeco expands emerging markets equity range with ex-China strategy

More ‘balanced’ exposure to EM

Valeria Martinez
clock 26 March 2024 • 2 min read
Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Morningstar downgrades Fundsmith Equity due to 'wrongly timed' exits

Adobe, Amazon, Estee Lauder and PayPal

clock 25 March 2024 • 1 min read
Trustpilot