Former Ardevora head of distribution joins Chikara Investments

Hugh Rittner

Ardevora Asset Management’s former head of distribution Hugh Rittner is set to join Chikara Investments' business development team in early February.

Rittner left Ardevora in December, ahead of last week's announcement that the firm will be shutting down after 14 years due to a dramatic drop in assets under management. He joined the firm launched by former Liontrust managers Jeremy Lang and William Pattisson in 2014 from Old Mutual Asset Management, where he was an institutional business director for Europe. Ardevora Asset Management shuts its doors after 14 years During his time at Ardevora, he helped the firm grow assets from $1bn to $14bn at its height and cultivated an "extensive" client base. In his new role at Chikara, ...