Ravenscroft 'scales back' from UK retail market

Harries exits

Natalie Kenway
clock • 1 min read

Ravenscroft, the investment management firm backed by Stephen Lansdown, has taken the decision to cut the promotion of its funds to the UK retail market after a strategic review.

The Guernsey-based firm launched its Huntress Balanced and Global Blue Chip funds to the UK retail market in 2017 and also hired Mark Harries, former multi-asset manager at Aberdeen,  as head of investment management UK. However, the group said it carried at a review earlier this year which has led to Harries leaving the business. Stephen Lansdown: My plans to expand Ravenscroft's 'island discipline' into the UK and beyond Mark Bousfield, group managing director of Ravenscroft, said: "Following a strategic review of its business operations at the start of 2019, investment services ...

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