Simon Brazier is set to leave his role as UK equity fund manager for Ninety One at the end of May.
A Ninety One spokesperson said that Brazier wanted to "take some time to consider the next step in his career". Brazier will step down from managing the firm's £1.1bn UK Alpha fund on 31 March, which he has co-managed with Anna Farmbrough since July 2022. He will be replaced as co-manager by Ben Needham, who currently manages the firm's UK Equity Income fund. Farmbrough and Needham both joined Ninety One in 2014, working alongside Brazier throughout their tenure. Ninety One, M&G and First Sentier issued new fund ratings by RSMR Ninety One said there would be no changes to...
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