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Findlay Park Latin American team joins Brown Advisory

Findlay Park Latin American team joins Brown Advisory

Findlay Park’s Rupert Brandt and Peter Cawston have joined Brown Advisory and taken their $475 million (£387 million) Latin American strategy with them.

The Findlay Park Latin American fund will merge into the newly-created Brown Advisory Latin American fund on 30 April.

Brandt and Cawston will join the Brown Advisory team in London to manage the new fund.

No financial consideration is involved in the transfer and there will be no changes to the team, philosophy or investment process.

The transfer follows Findlay Park’s decision to focus solely on its soft-closed American fund, which comprises over 95% of the partnership’s assets under management.

In light of this decision, the partners of Findlay Park are keen to give Brandt and Cawston the opportunity to grow their Latin American strategy within an established independent investment firm with proven international distribution.

Commenting on the change, the founder of Findlay Park, James Findlay said: ‘One of our founding principles at Findlay Park is to ‘keep it simple’. Going forward, our entire investment team will be focused on the Findlay Park American fund.'

The Dublin-domiciled Findlay Park Latin American fund returned 15.62% in US dollar terms over the three years to the end of February 2018. Its Citywire-assigned benchmark, the MSCI Emerging Markets Latin America TR, rose 26.00% over the same period.

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