Wise Group divides into three entities; Peters becomes Evenlode CEO

Wider role for CEO Peters

clock • 1 min read

Wise Group has restructured its business into three distinct entities - Wise Investments, Evenlode Investments and Wise Funds - with Ben Peters becoming CEO of Evenlode Investments in a newly-created role.

As part of the restructure, the £1.3bn Evenlode Income fund, co-managed by Hugh Yarrow and Peters, will move from Wise Investments to a newly-launched OEIC umbrella within Evenlode Investments. Previously, Wise Investments, Wise Funds and Evenlode Investments all operated under the same Wise Group umbrella. Investment Week can reveal the reorganisation will see these divide into three separate operating subsidiaries, registered separately with the regulator, supported by a central group services business.  The Evenlode Income fund will become a sub-fund of the new Evenlode OEIC, op...

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