Nedgroup expands European Ucits distribution team

South African asset manager Nedgroup Investments has expanded its European team with the appointment of a distribution specialist.

The firm, which has $24 billion of assets under management, has appointed Nick White (pictured) as head of UK and European distribution and says it will make additional announcements about its European expansion in due course.

White was previously at France’s Carmignac, where he was a partner and head of discretionary business development.

He will be based in London with responsibility for relationships and strategy with selected wealth managers, fund of funds and family offices.

Nedgroup has a ‘Best of Breed’ Ucits fund range that is registered for sale across a number of European markets and fund platforms.

Nedgroup, which has 30 staff in Europe and 150 in South Africa, is to hold its next International Investment Summit at the London Stock Exchange in February 2019 as a show of commitment to the European market.

©2018 funds europe

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