Payday for Artemis partners despite £1.4bn drop in assets Investing Partners at Artemis Investment Management received a whopping £56.8m payout for 2023 despite a drop in profit and assets under management at the fund house. The firm, which has 27 partners, suffered a six per cent slide in assets under management to £23.3bn last year, down from £24.7bn, according to accounts filed with Companies House. [...]
Artemis Alpha trust agrees to takeover by Phoenix competitor Investing The Phoenix-run Aurora Investment Trust has proposed a takeover of the Artemis Alpha Trust, which would see the two trusts merge to combine £353m of assets. The £123.7m Artemis trust and the £198.6m Aurora trust are around 25 years old. The new trust will be named the Aurora Alpha Trust if the merger is completed. [...]
The Notebook: The City still has a class problem, and it needs to address it the notebook Paras Anand, CIO of Artemis Fund Managers, takes the Notebook pen to talk about class, grad schemes and Rory Stewart.