Oldfield Partners has hired former Artemis head of discretionary Tom Underhill as its new head of UK wholesale and institutional business development.
In his new role, Underhill will work alongside both clients and prospective investors, while helping the value-oriented boutique expand its reach within the UK intermediary space.
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Underhill left Artemis Investment Management in December 2020 after more than 18 years with the firm, having begun his tenure in September 2002 as a European sales manager. He also served as associate director of sales, London discretionary before taking on his final role as head of discretionary sales.
He joined the financial services industry in 1997 as a broker desk executive at Barclays, before moving to Threadneedle Investments one year later in the same role. He moved once more to ABN AMRO Bank to become head of broker desk, after which he joined Artemis in the same year the firm merged with ABN AMRO's buy side offering.
Ed Troughton, head of client relations and business development ex-US at Oldfield Partners, said: "We are thrilled to have attracted someone of Tom's calibre. His experience and relationships within the intermediary space will be highly valuable as we look to further enhance our support to intermediaries and consultants in the UK and help clients achieve their investment goals.
"He has a proven track record of building client relationships, and it is great for OP to have him on board at this exciting time for the firm and for markets."
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Underhill added: "I am really looking forward to joining an investment-led boutique whose absolute dedication to contrarian value investing is a distinct and compelling proposition for investors.
"It is an exciting time for OP and for value investing. I look forward to joining Ed and the wider team to support both existing clients and prospective investors."