Neptune's Kuhn to step down

Neptune Investment Management's Shelley Kuhn is leaving the company, prompting a shake up of the group's managers.

The Asia Pacific Opportunities and India funds manager will relocate to South Africa at the end of the summer, leaving both vehicles to Neptune Emerging Markets fund manager Ewan Thompson when she goes. Neptune China fund co-manager Doug Turnbull will join Thompson in running Asia Pacific Opportunities, while Tom Sinclair will become assistant on India. A Neptune spokesman says: "Ewan focuses on asset allocation and Indian stock selection whilst Doug is responsible for the stock selection from equities listed in China, Taiwan and Hong Kong. "Needless to say, we are grateful to Shel...