Star income manager Adrian Frost is to join Artemis next week, to take over the management of its flagging UK income fund.
Frost joins from Deutsche Asset Management, where he was head of UK equities until April this year, when he left to take a six month sabbatical. He then quit the firm for good in October.
Artemis Income fund is currently managed by Derek Stuart, but is lagging in the third quartile for the past year. Stuart will now concentrate solely on the management of the Artemis Special Situations fund.