Andrew Dalton, the founder of the Dalton Strategic Partnership, has died following a heart attack.
He joined SG Warburg in 1972 and became a director at Mercury Asset Management, a predecessor firm of fund manager BlackRock, in 1987. He was later vice-chairman of Mercury and chairman of its selected trust. He founded Dalton, which runs the Melchior funds, in 2002.
Dalton chief operating officer Magnus Spence says: “Andrew was a highly respected and inspiring colleague who will be sorely missed by all those who have had the privilege of knowing him.
“If you met Andrew or heard him speak, you will know the energy, exuberance and enthusiasm he brought to investment, and to the wide range of his other activities and interests.
“He was a man of great charm and had an infectious personality. Andrew had a wealth of experience and his depth of knowledge was exceptional.”