Manager Research
all members of our manager research team have over ten years of investment experience.
Marriott have initiated several team changes since the tragic passing of their CEO, Simon Pearse earlier in the year.
Neil Nothard, formerly the Chief Operating Officer has taken over the reigns as CEO (he has been acting CEO since Simon’s passing), and Duggan Matthews’ title has been rebranded to Chief Investment Officer (formerly Head of Investments). In addition to Neil and Duggan, Lourens Coetzee and David Elliott have been added to the investment committee. The committee is now supported by 8 investment professionals, two of which have joined the business since July. Besides Simon, there have been no departures.
We consider the additions to the investment committee and broader team as a positive. Marriott follows a team based approach and the changes therefore allow for greater coverage and resourcing in decision making. We have not made changes to any of our ratings on the Marriott funds.
Marriott Team Update
2 Oct 2017