Gars manager resigns from ASI to seek ‘new challenge’
Neil Richardson says it was a ‘privilege’ working on absolute return giant but that he needed a change
One of the lead managers on Aberdeen Standard Investments’ Global Absolute Return Strategy has resigned.
In a Linkedin post, Neil Richardson said he had decided to step away from the fund group of his own accord, after nearly a decade, and was “looking for a new challenge”.
Richardson was one of four portfolio managers on the £3bn Gars fund alongside Katy Forbes, Scott Smith and Thomas Maxwell. In total the Gars team manages £10bn in assets, most of which is UK wholesale and institutional money.