Neptune announces restructure in bid to improve fund performance

Anna Fedorova
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Neptune Investment Management is set to make a number of changes to its investment approach following a comprehensive review of the business, with the aim of improving performance.

In a letter to shareholders, chief executive Robin Geffen (pictured) announced a number of changes to the business and fund management strategy employed at the group. The changes are aimed to improving performance of the group's funds, which has lagged over the past couple of years. Geffen said: "When I look back on the last two years I see that, whilst there have been plenty of performance highlights, there have not been enough to meet our own standards." The group's founder added Neptune will be making "a number of senior hires in the coming months" to ensure its new investment p...

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