Artemis Investment Management has promoted Nick Shenton and Andy Marsh, co-managers alongside Adrian Frost of the GBP5.5 billion Artemis Income Fund and of a further GBP3.6 billion in other UK equity income mandates, to partner with immediate effect.
Shenton has managed income mandates alongside Frost for six years. After studying Economics with French at the University of Nottingham, he started his career at F&C Asset Management in 2003. He spent four years there as an analyst and assistant fund manager on the UK and pan-European equities desks. In 2007 Shenton moved to Polar Capital as a fund manager on the UK long/short equity hedge fund. He joined Artemis in 2012.
Having trained with Ernst & Young, Andy Marsh qualified as an accountant in 1997 before working as an analyst for ING Charterhouse and then for Merrill Lynch. In 2005 he moved to Investec Investment Bank as head of equity sales. From 2006 – 2017, Marsh managed money at Polar Capital, where he was a partner. In February 2018 he joined Artemis’ UK equity income team to work alongside Frost and Shenton.
Mark Murray, Artemis’ Senior Partner, says: “We have invited Nick and Andy to join Artemis’ partnership in recognition of their contribution to the income franchise in particular and to Artemis as a whole. Our success rests on excellent long-term investment performance and client service. Our structure as a partnership brings stability and, we believe, helps us always to put our clients first.”
