Ninety One's Mundy to take leave of absence

Alessandro Dicorrado and Steve Woolley to take over Mundy's funds

David Brenchley
Ninety One's Mundy to take leave of absence

Alastair Mundy will take a leave of absence for health reasons, handing his funds over to Ninety One colleagues Alessandro Dicorrado and Steve Woolley.

Dicorrado and Woolley will take on portfolio management responsibilities for Mundy's Cautious Managed, UK Special Situations and UK Total Return, along with Temple Bar investment trust. The pair will run these portfolios in addition to their Global Special Situations fund. Co-CIO Domenico Ferrini, meanwhile, will assume Mundy's role as head of Ninety One's value team. David Aird to help develop Ninety One's private markets business Ninety One said Mundy's absence was for non-Covid-19 health reasons, with Ferrini insisting the firm's "primary concern is always to ensure continuity f...

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