Mark Wharrier leaves Majedie after assets drop

Mark Wharrier, the manager of the LF Majedie UK Income fund, has left the group after assets fell from £840m at the start of his tenure to circa £100m.  Wharrier joined Majedie in May 2018 from Troy Asset Management, where he co-managed the Trojan Income fund and previously worked at BlackRock, where he co-managed their UK Income fund.  Mike Totton, Wharrier’s co-manager at Majedie will also step down from the fund, but he will remain with the business, with Chris Field taking responsibility for the portfolio.

5th May, 2021