Threadneedle head of UK equities Leigh Harrison has slammed Credit Suisse for not making the most of Bill Mott during his time at the firm.
Harrison, who succeeded Mott on Credit Suisse’s income funds, says the firm had one of the best fund managers working for it for the past 25 years but “singularly failed to exploit the opportunity to expand the retail side of the business.
He says he found the working environment unconstructive and that he and Mott had similar frustrations. He says: “One thing that Bill and I had in common is that we both realised that performance is the primary goal. We are fund managers first and last and our aim has always been to get the best possible returns for clients.
“One of the reasons I feel we both left Credit Suisse was that we both had a lot more to give and that we could do that somewhere else. In the end, I left after inheriting the income franchise and defending it quite successfully but there was precious little opportunity to take the business forward.”