Abrdn
The company has re-hired Steve Logan as head of European high yield and global loans, four years after he stepped away from the firm to join PGIM.
He succeeds Ben Pakenham who has left the firm to pursue opportunities elsewhere.
With 30 years industry experience, Logan previously held various leadership roles in his time at Abrdn, including global head of high yield and head of European high yield and global loans.
Mirabaud Asset Management
Umberto Boccato has been named as CEO as part of a raft of changes to the wider group’s leadership team.
Current asset management CEO Lionel Aeschlimann will step down from his role to succeed Yves Mirabaud as senior managing partner.
Meanwhile, Boccato has also been named an equity partner alongside Louis Fauchier-Magnan, François Leyss and Julien Meylan. The changes will take effect at the beginning of 2025.
Polen Capital
The firm has hired abrdn’s Ben Pakenham and three members from his team in an expansion of the firm’s London office.
Along with Pakenham, investment directors Adam Tabor, Andrew Carrie, and Julien Martin join the Polen Capital team.
Pakenham was previously head of European high yield and global loans at Abrdn, which will now be led by Steve Logan as he returns to the firm from PGIM after four years.
Pakenham has thirteen years of investment experience, including managing the Abrdn High Yield Bond fund since 2012 and co-managing the Marlborough High Yield Fixed Interest fund alongside Tabor.
Goshawk Asset Management
Simon Edelsten has returned from retirement to join former colleague Alex Illingsworth at his new venture.
Edelsten retired from Artemis in October 2023 after a decade managing the £236m Artemis Global Select fund and £372m Mid Wynd investment trust alongside Illingsworth.
He now joins Goshawk as chair of its investment committee. It was established by Illingsworth last year after he left Artemis for Harwood Capital Partners.
