Redwheel Global Horizon undergoes overhaul after $2.7bn outflows

Now Global Intrinsic Value

Redwheel has overhauled its Global Horizon fund following $2.7bn outflows, which followed the retirement announcement of founding portfolio manager Louise Keeling.

The fund's name has been changed to Redwheel Global Intrinsic Value, which captures its shift towards targeting global companies with a value tilt, the firm said. The changes follow Keeling's retirement, who set up the fund when she joined the firm in 2013. Her departure was publicly announced in July 2023, but clients were informed in March 2023. Robeco expands emerging markets equity range with ex-China strategy Keeling handed over her responsibilities to Benjamin Hall, who co-managed the fund alongside her. Hall then left the firm in December 2023 and has since joined Waverton I...