TwentyFour pleased to announce a number of new hires

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Fixed income boutique TwentyFour Asset Management is pleased to announce the addition of Douglas Charleston to the portfolio management team. Douglas has 7 years of structuring and fund management ABS experience, latterly from Lloyds Bank, and follows on from the addition of Luca Beldi, a Masters graduate in Economics from the University of Milan, as an analyst.

We are also pleased to announce that our Heads of Retail and Institutional Business, John Magrath and Alistair Wilson respectively, have been made partners in the business.

Chief Executive Mark Holman commented “I am delighted that the business continues to thrive. We have seen significant inflows over the last 12 months as we build up our track record and broaden our distribution and client base. We have had a successful start to the year, most notably raising £181 million into our closed-ended TwentyFour Income Fund. This comes off the back of our total return Dynamic Bond Fund reaching its three year anniversary in April and the firm’s assets reaching nearly £2 billion. We have used this growth as an opportunity to further reinvest in our business by making high quality new hires not just to our portfolio management team but also to the equally important operations area. Further hires are also planned and we look forward to welcoming these ahead of our 5th anniversary in September.”

For further information please contact:

John Magrath
Partner, Head of Retail Business
TwentyFour Asset Management
Tel: 020 7015 8912

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