Saracen strengthens investment team in wake of AssetCo acquisition

Alasdair Birch joins from SVM Asset Management

Saracen Fund Managers, the Edinburgh-based asset manager now backed by AssetCo, has appointed Alasdair Birch as Investment Director on its Global and UK equity strategies.

His responsibilities will include equity analysis and research and he will support the team in its search for high-quality companies trading at low valuations, in accord with Saracen’s ‘quality but not at any price’ investment philosophy.

He will work across both major Saracen products, the TB Saracen Global Income and Growth fund, which has sat comfortably in the top quartile among its peers since ‘Pfizer Monday’ heralded the beginning of a style rotation, and the TB Saracen UK Alpha fund. The UK Alpha Fund is ranked first quartile since its launch in 1999 and over this period it has enjoyed 926.8% cumulative performance, beating the sector average (UK All Companies) by just over 700%.*

Alasdair’s approach to investing, with a focus on valuation and bottom-up stock-picking, along with his keen interest in the use of new technologies and his experience across the all-cap European market make him an ideal fit for Saracen.

Before joining Saracen Alasdair was a Deputy Fund Manager and Investment Analyst at SVM Asset Management. Prior to joining SVM in 2012, he worked at BNP Paribas Investment Partners.

Graham Campbell, CEO and Fund Manager at Saracen Fund Managers, commented: “Alasdair’s investment convictions and past experience make him a superb fit for Saracen. His appointment forms part of our ambitious plans for the business. We aim to strengthen the investment team, continue to deliver for our clients and also over time broaden both our client base and our product range.”

Alasdair Birch, added: “I’m excited to be joining Saracen’s experienced and highly regarded team. With AssetCo’s recent acquisition of Saracen now complete I am very much looking forward to being part of this next exciting chapter in Saracen’s story.”

*source: Financial Express