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Mid Wynd : MWY – new investment manager

Mid Wynd has announced that as Michael MacPhee, who is the company’s existing investment manager, is retiring, they have decided to move Mid Wynd’s management contract from Baillie Gifford to Artemis. The new management team will comprise Simon Edelsten, Alex Illingworth and Rosanna Burcheri who are, collectively, Artemis’s Global Select team. They focus on “a concentrated portfolio of high quality companies that stand to benefit from stable growth trends” and say “investment decisions are based on a fundamental, bottom-up process with intensive accounts-based analysis driving stock selection” and that “the strategy is benchmark agnostic and is focused on real returns with a capital protective bias”.

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