Polar Capital appoints CIO from JOHCM

Left firm last year

Polar Capital has appointed Sandy Black from JO Hambro Capital Management as its chief investment officer.

The boutique manager announced the hire in a stockmarket update alongside its quarterly trading statement this morning. Black joined JOHCM in 2010 from Insight Investment, but left his role as investment director last February.  The group commented on the appointment: "The role will entail protecting clients' interests via independent review of Polar's investment teams as well as contributing to Polar's growth through the identification and selection of new investment strategies." Black and Polar Capital CEO Gavin Rochussen used to be colleagues, as the latter was chief executive a...