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Philip Rodrigs also left with a cloud over his head, though the circumstances surrounding his departure were very different from Barnett with River and Mercantile sacking him over an alleged conduct issue, which he has disputed. His boutique Raynar Portfolio Management opened its doors in February 2020, as the pandemic was ramping up and a year later had amassed £75m in assets under management. Easier for big name managers to stage comeback at boutiques Fund buyers reckon it will be easier for Barnett to stage a comeback at a boutique than at one of the fund giants. GDIM investment manager Tom Sparke says boutiques lend themselves well to more high-profile managers who may conflict with other ‘big names’ in a larger firm. ....
Virginia Downs Clemson 8-4 (Source: Clemson Baseball) By Clemson Athletics | April 10, 2021 at 11:12 PM EDT - Updated April 10 at 11:12 PM CLEMSON, S.C. - Zack Gelof’s leadoff home run in the seventh inning broke a 4-4 tie and propelled Virginia to an 8-4 victory over Clemson at Doug Kingsmore Stadium on Saturday night. The Cavaliers, who evened the series 1-1, improved to 15-15 overall and 7-13 in the ACC. The Tigers fell to 15-12 overall and 9-8 in ACC play. The Cavaliers stormed in front with three two-out runs in the top of the second inning, highlighted by Chris Newell’s two-run triple, then Caden Grice led off the bottom of the second inning with a towering home run, his seventh of the season. ....
Dan Mannix: Fund managers hate having their remuneration dictated to them RWC Partners CEO on long-term thinking, ownership structure and normalising mental health conversations in the workplace The importance of investors taking a long-term view has become something of an asset management cliché and yet, when it comes to their own behaviour, suggests RWC Partners CEO Dan Mannix, businesses tend to be less good at practising what they preach. “The asset management sector serially lets down the consumer with its lack of longevity,” he says. “Far too often clients need to revisit a decision for some reason other than the strategy they have invested in – whether because of a change of manager, a company merger or whatever. That is why, at RWC, our mission has been to build an organisation that is multi-generational and whose longevity matches – or exceeds – the duration over which our clients want us to manage money for them.” ....