Longstanding Ninety One global equity manager pair exit

Mark Breedon and Christine Baalham

Two longstanding fund managers are leaving Ninety One after a combined 43 years at the firm, handing over the reins of the management of nearly £2bn in assets.

Mark Breedon and Christine Baalham are both exiting the business, Ninety One has confirmed. Breedon, co-manager of the £1.1bn Global Strategic Equity strategy and its £281m OEIC version, will be retiring in December 2023, after a career spanning 46 years, including 20 years with Ninety One. "We are tremendously grateful for Mark's contribution to the firm and our clients," Ninety One said in a statement. Ninety One outflows surge to £4.3bn as assets slump 5% The Global Strategic Equity strategy will continue to be co-managed by Rhynhardt Roodt and Dan Hanbury, the firm said. ...