Downing Fund Managers has hired Andrew Vaughan as a fund manager on the VT Downing Unique Opportunities fund, reuniting the manager with former Sandford DeLand colleague Rosemary Banyard.
Vaughan follows in the footsteps of Banyard, who first joined Downing in March 2020 to launch the Unique Opportunities, and will work as co-manager alongside her. The pair were last together at Sanford DeLand, where they worked on the CFP Free Spirit fund. Banyard managed the product until her departure in 2019, at which point Vaughan was appointed to succeed her. Vaughan started his career on the trading floor of the London Stock Exchange and held a variety of roles before joining SDL in 2017. The DUO fund has a concentrated portfolio of between 25 to 40 positions and it adopts an...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
