health fund moves to multi-manager under north head and bond fund goes to millennium
North's John Husselbee is to run a multi-asset fund of funds for City Financial, as the group restructures two outsourced vehicles. Headed by former Invesco Perpetual CEO Rob Hain, City Financial has two funds run by Neptune, Global Health and Global Bond, with the former moving to a multi-asset strategy under Husselbee. His North boutique is the standalone multi-manager arm of Neptune. At the same time, CiF Global Bond, currently managed by Neptune's Derek Bartlett, will pass to Mark Astley at Millennium Global Investors, which also employs economist Roger Nightingale. City Financial c...
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