Nick Clay will return to managing the Quilter Investors Global Equity Value fund, following his move from Newton Investment Management to RWC Partners. 
Clay joined RWC in the second half of 2020, after spending close to 20 years at Newton and managing the well-known BNY Mellon Global Income fund. Teammates Andrew MacKirdy, Robert Canepa-Anson and Colin Rutter also made the move at the same time.
Quilter Investors has now appointed RWC Asset Management as the manager of its £264.4m Quilter Investors Global Equity Value fund, replacing Newton. Clay had previously managed the fund during his time at Newton.
MacKirdy serve as co-portfolio manager on Quilter Investors Global Equity Value, while and Canepa-Anson and Rutter will work as analysts.
Clay and his team will pursue the same investment philosophy they use on the RWC Global Income fund, which was launched in November 2020. This involves looking for companies trading at attractive valuations and typically paying a sustainable dividend above the broader market at the point of purchase.
The appointment of RWC sees the firm become a ‘Global Partner’ of Quilter Investors, which is a select group of high-quality asset managers appointed by the firm to offer a broad range of strategies across different asset classes, sectors and geographies.
The fund features in the Old Mutual Wealth’s WealthSelect managed portfolio service, run by Stuart Clark.
Clark said: “We have known and worked with Nick and his team for a number of years and have a high conviction in their abilities and investment philosophy. We have been impressed by their start at RWC and are delighted to welcome the team back.
“We are also excited to work closely with RWC who have the right tools and structure in place to help us provide strong returns and diversification to investors.
“As is the case with all our Global Partners, this fund allows us to give investors a range of insights and a consistent investment journey over the long term.”