Brickwood Asset Management has announced Claudia Ripley as its CEO, with Ben Whitmore and Dermot Murphy as fund managers.
The three ex-Jupiter Asset Management employees announced that they were seeking authorisation from the FCA to set up a value investing-focused asset management firm early this year.
As of 5 November, SEI Institutional Investments has replaced Jupiter with Brickwood as sub-advisor to its World Select Equity Fund, World Equity Ex-US Fund, and Screener World Equity Ex-US Fund.
Ripley, who was an investment director at Jupiter, has more than 15 years of industry experience including almost a decade at BlackRock as a hedge fund product specialist.
Whitmore managed the £1.6 billion Jupiter Income Trust, now managed by Adrian Gosdan and Chris Morrison and renamed the Jupiter UK Income Fund. The majority of his three decades of industry experience has been spent at Jupiter, before which he was a fund manager at Schroders.
Murphy’s 15 years of experience include a decade at Jupiter and an equity research analyst role at Fidelity International.
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