Artemis hires new Head of Global Equities

Artemis has appointed Alex Stanic to the newly created position of Head of Global Equities, following the decision by global equity fund manager Simon Edelsten to retire from the firm.

Edelsten, 61, who manages the Mid Wynd International Investment Trust and the open-ended Artemis Funds (Lux) - Global Select*, will leave the fund boutique and retire as an Artemis partner at the end of 2023.

To ensure a smooth handover, Edelsten will continue managing the funds alongside Stanic, who joins from JP Morgan Asset Management’s international equity group on March 1st. Stanic spent seven years at JP Morgan, where he led on the global equity funds in the Global Specialist team, including the Global Unconstrained Equity Fund. Prior to that he was head of global equities at River & Mercantile, a division he set up in 2009.

Alex Illingworth – who co-manages the Mid Wynd International Investment Trust and the Artemis Funds (Lux) - Global Select with Edelsten – will leave Artemis at the end of this month.

The firm expects to announce shortly the appointment of two other new members of the global equity team. They will report to Stanic and work across the two portfolios and other global equity mandates alongside analysts Bobby Powar and May Laghzaoui.

*Simon Edelsten also co-manages the Artemis Global Select Fund (UK OEIC) with Alex Illingworth.