Former Architas chief investment officer Richard Philbin has joined Hasley Investment Management.
Philbin (pictured) will become a partner of the business and will take on the management of the £23m Elite Hasley multi-strategy fund. The group is also launching three risk-rated fund of funds for Philbin, which will sit across four volatility bands.
Philbin quit Architas in December 2010. Prior to Architas he was at F&C Asset Management where he spearheaded the team’s multi-manager range.
Hasley has also appointed Alastair George to take on the management of the group’s £4.4m best ideas and £8.6m diversifier funds. George previously worked at Goldman Sachs and is combining his duties at Hasley with his role as founder of Infinite Variance SA, an asset management and investment research firm based in Switzerland.
All three funds were previously run by Roderick Collins, who retired from the firm in June 2012.
Hasley Investment Management was established in 2006 by the trio of Collins, Jeremy Nunn and Stewart Teague. In addition to the multi-strategy fund, the group also has runs a diversifier and best ideas portfolio, all three are non Ucits retail schemes.
Nunn says: “We welcome Richard and Alastair’s arrivals at Hasley. The trio of risk-rated funds is something Richard has been working on for some time and we feel they well be unique in the market.”