Neptune appoints Milway to US team as group abandons second European fund launch

Milway recently joined from EFG

Neptune has appointed Robin Milway as co-manager of its £285m US Opportunities fund, working alongside James Hackman and Patrick Close, as the group decides not to go ahead with a European equity fund launch for him.

Milway (pictured), who recently joined Neptune as head of stock strategy from EFG Private Bank, will continue to play a central role in stock selection across the equity team, but will focus on coverage of US stocks, supporting the recently-appointed North American team. Charlie Parker, head of distribution told Investment Week: "Robin has a long track record across all asset classes and has run regional and global strategies. "He previously was involved in the European fund at EFG, which had done very well, so the opportunity for us was to launch a fund. "However, we feel Robin wi...