Richard Pease reveals grand plan for new venture Crux

Richard Pease lifts the lid on Crux AM

In his first interview since leaving Henderson, Richard Pease talks to Dan Jones about starting up his new company, the industry's increasingly high barriers to entry, and prospects for European companies.

Richard Pease's announcement last October that he was to leave Henderson to set up his own business, Crux Asset Management, had a familiar ring to it. A year to the day after Neil Woodford's departure from Invesco Perpetual became public knowledge, the news of Pease's move seemed to solidify the trend of high profile managers starting again on their own terms. Now in situ at Crux, three decades into his industry career, Pease gives short shrift to the idea that he took inspiration from others.  "For me it was entirely irrelevant. I would have done it regardless," he said. But it...