Majedie Asset Management strengthens UK equities team

Mark Wharrier and Imran Sattar to join as fund managers

Majedie Asset Management (“Majedie”), the independent investment boutique, today announced that both Mark Wharrier and Imran Sattar will soon join its UK equities team as fund managers. After ten years with the firm, Chris Reid, who currently lead manages the Majedie UK Income Fund and is one of four co-managers of the Majedie UK Focus Fund, will leave at the end of June to pursue a Masters in Finance degree.

Mark will lead manage the Majedie UK Income Fund, alongside existing co-manager Yuri Khodjamirian and fund analysts Mike Totton and Emily Barnard. Imran will co-manage the Majedie UK Focus Fund, alongside existing managers James de Uphaugh, Chris Field and Matthew Smith.

Mark was a Managing Director at BlackRock until 2017, receiving an AA-rating from Citywire and successfully managing the BlackRock UK Income Fund, before leaving to join Troy Asset Management. He joined BlackRock in 2013, having previously been a partner and UK equity fund manager at NewSmith Capital. He graduated from the University of Durham in 1994, before joining Mercury Asset Management (subsequently Merrill Lynch Investment Managers, which merged with BlackRock in 2006) where he became a UK equity fund manager on the Alpha and Specialist teams. He holds the ASIP qualification and is an Associate Member of the CFA Society of the UK.

Imran joins Majedie from BlackRock, where he was a Managing Director and UK equity fund manager within the fundamental equity division of BlackRock’s Alpha Strategies Group. He has successfully managed a number of segregated mandates for both corporate and local authority clients and co-managed the BlackRock UK Focus Fund. Imran graduated from the University of Warwick in 1997, before joining Mercury Asset Management where he became a UK equity fund manager on the Alpha and Specialist teams. He is a CFA charter holder and Associate Member of the CFA Society of the UK.

Commenting on today’s news, Rob Harris, CEO of Majedie, said:

“At Majedie we have consistently set out our stall to generate distinctive returns for clients. To achieve that goal, we know we must continue to develop outstanding investment talent, both through our longstanding graduate recruitment programme and occasionally from outside the firm.

“Mark’s and Imran’s track records speak for themselves. We have known them both for over 20 years, having worked together on Mercury’s Alpha team, and are very excited to be joining forces once again. They will fit in extremely well at Majedie and add to the collective investment effort.

“It should go without saying that we wish Chris the very best for the next stage of his academic journey and future career. I know I speak for everyone at Majedie in thanking him for his significant contribution over the past decade.”

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