Banyard adopts 'absolute return mentality' for Free Spirit fund

First multi-cap fund

Natalie Kenway
clock • 2 min read

Sanford DeLand has unveiled its Free Spirit fund for recent hire and former Schroders manager Rosemary Banyard, her first multi-cap fund based on a pension mandate she ran for her former employer.

Banyard (pictured) joined Sanford DeLand, known for the £78m UK Buffettology fund run by managing director Keith Ashworth-Lord, last October after ending her 18-year stint at Schroders as she "needed a change". Despite several job offers, Banyard chose to join Sanford DeLand for several reasons, including an attraction to its focus on business perspective investing. "Importantly, I get on well with Keith and I think personal chemistry is vital in a small business," she said. "I had been thinking about starting my own firm and was introduced to Keith as someone who had done it. After h...

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