TwentyFour Asset Management update

TwentyFour Asset Management can announce that Rob Ford and Gary Kirk will be retiring from the partnership in September, and transitioning to advisory roles at the firm.
 
Having helped co-found the business in 2008, they have been in discussion with the other partners for some time about stepping back from their day-to-day roles.
 
Since 2016 Rob has managed UK Mortgages Ltd, which last year was merged into TwentyFour Income Fund, managed by the wider 10 person ABS team led by Doug Charleston and Aza Teeuwen.
 
Gary has been co-managing the Multi Sector Bond investment team since it was launched in 2009, and it has subsequently grown to 5 partners (including Gary) and 10 further investment professionals, adding Danny Zaid in 2021 and both Lee Crooks and Adel Ahmed in 2022.
 
Rob and Gary will step off TwentyFour’s Investment Committee, which sets the top-down macro risk appetite for the firm, but the remaining 10 members have an average industry experience of 20 years and tenure at the firm of 12 years.
 
Ben Hayward, CEO said “I would personally like to thank Rob and Gary for their contribution to the growth and success of the firm. They have both embodied the character of TwentyFour from the start, bringing market expertise, seeking to deliver the best outcomes for our strategies, and keen to impart their knowledge to our growing investment teams as well as clear communication to our investors. Both Gary and Rob are looking forward to participating in our Investor Conference on September 12th