Evenlode Investment has named Rob Harris as chief executive, replacing Hugh Yarrow, who takes on the role of executive chair in addition to his investment responsibilities, according to a report today (18 April) in Investment Week.
Harris joined Evenlode in May 2023 as an independent non-executive director, his first role following his departure from Liontrust in 2022, which he joined following its acquisition of Majedie Asset Management, the firm he co-founded.
Effective from 7 May, Harris will take over the role of chief executive, subject to regulatory approval, utilising his experience across investment management, operations, risk and compliance, and his institutional relationships.
The firm described the move as a "natural progression" for the business, allowing the portfolio management teams to "continue focusing on investment research and client relationships".
Prior to his founding of Majedie, Harris began his career at Mercury Asset Management, which was eventually acquired by Merrill Lynch, and then BlackRock.
Evenlode is actively recruiting an independent non-executive director to replace Harris.
Evenlode co-founder, executive chair and lead manager on Evenlode Income Yarrow said: "I have really enjoyed working with Rob over the last year in his non-executive role. He is a great cultural fit for Evenlode and brings a wealth of experience and industry knowledge to the company. Rob's appointment as CEO is an incremental step.
"Evenlode remains committed both to its fully independent employee-ownership model, and its strategy of delivering a high-quality and consistent investment service to clients over the very long term."
Harris added: "I am delighted to be able to bring my experience and perspective to the role of CEO. Evenlode is a very special investment firm that continues to evolve and grow.
"Established as a respected active manager in UK and global equities, we will continue to deepen our client relationships and footprint in UK, European and cross-border institutional markets."
