In his stead, William Warren, co-manager of the funds since launch, will take over as manager. To ensure a smooth transition, Stephen will continue working for Artemis and managing the funds until 30 September 2019, when William will become their manager.
William joined Artemis as a partner in 2014 from Columbia Threadneedle, where he had worked alongside Stephen since 2008 as deputy manager of the Threadneedle US Extended Alpha and US Absolute Alpha funds. He began his career as an analyst at JP Morgan in 1997. He then spent eight years at Lehman Brothers, where he was a senior portfolio manager in the firm’s Fundamental Long/Short Equity Strategies group in New York. William has co-managed Artemis’ two US long/short funds since launch in 2014.
Commenting, William said: “We don’t anticipate any major changes to the positioning or investment process of the funds: we feel they are positioned appropriately for the current environment and our process will continue to be driven by the same stock level risk/reward framework we have used successfully for the last 10 years. I am looking forward very much to succeeding Stephen, and hope to build on our solid record with these two funds.”
Artemis’ Senior Partner, Mark Murray, added: “Stephen will leave with our thanks and best wishes. It is a testament to the strength of our US team that, in William Warren, we have a natural successor as manager.”