Mark Harris appointed manager of City Financial’s multi-asset funds
City Financial Investment Company, the London-based independent fund manager, has appointed Mark Harris as manager of the firm’s multi-asset funds with effect from 31 December 2012.
Harris (pictured) will manage four funds with the aim of delivering optimal risk adjusted returns for clients across a wide range of assets: City Financial MultiManager Growth, City Financial MultiManager Income, City Financial Diversified and City Financial Dynamic.
His appointment is part of City Financial’s strategy to develop its in-house asset management capability and expand its presence in the retail and institutional markets.
Harris was part of the Eden asset management team that joined City Financial in October 2012. He previously managed the CF Eden Global Multi-Strategy Fund and, prior to that, was head of multi-manager at New Star and Henderson Global Investors where he managed funds totalling GBP800m, winning multiple industry awards for performance.
Ed Rosengarten, head of UK asset management, City Financial, says: “Mark is a top performing fund manager with a strong track record in the multi-asset space. Appointing Mark as the fund manager is a demonstration of our commitment to building our in-house asset management expertise. We start the new year excited by the prospect of attracting new clients to the funds under Mark’s stewardship.”
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