Devon Equity Management joins the Group of Boutique Asset Managers (GBAM) Tuesday, April 27, 2021 Opalesque Industry Update - One of the UK s newer investment boutiques, Devon Equity Management, has joined the Group of Boutique Asset Managers (GBAM).
Devon is an independent fund management company founded in 2019 by well-known fund manager, Alexander Darwall, and former colleagues, Richard Pavry and Luca Emo. The firm invests primarily in long-only European equities on behalf of a FTSE 250 investment trust, European Opportunities Trust PLC (JEO.LN), which Mr. Darwall has managed since launch in November 2000.
Devon has also recently launched a Luxembourg SICAV comprising two sub funds, a European equities strategy (run along similar lines to the investment trust) and a long only global equities strategy created for colleague, Charlie Southern, who joined Devon from Indus Capital in 2020.
Vontobel Asset Management Transitions Front-To-Back Investment Servicing To State Street AlphaSM Date
25/01/2021
State Street Corporation (NYSE: STT) and Vontobel (SIX: VONN), today announced they have entered into a multi-year service agreement, where Vontobel Asset Management will use State Street Alpha
SM, the world’s first fully open and integrated front-to-back investment servicing platform that powers real-time data and intelligence across the investment lifecycle. The partnership will include front office technology, investment operation services, Alpha data services and liquidity risk solutions.
The agreement represents a new strategic partnership between State Street and Vontobel Asset Management, an active asset manager with global reach and a multi-boutique approach with more than CHF 120 billion in assets under management (AUM). For Vontobel, it creates additional growth capacity while building out investment service excellence for its investment boutiques