Derrick Dunne, former chief executive officer of Sanlam Four Investments from 2006 to 2016, has been appointed as chief executive of London-based investment boutique Beaufort Investment Management.
Dunne has taken up his new duties early May.
Beaufort IM was launched in 2004 by Andrew Bennett and Shane Balkham. It relies on fund selection for its portfolio construction whether that would be active or passive strategies.
Before its ten-year tenure at Sanlam Four Investments, Dunne was a co-chief executive at MM Asset Management.
Beaufort IM’s assets under management amounted to £870m (€992.9m) as at 3 April 2018.