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Horlick becomes SGAM chief executive

Star fund manager Nicola Horlick is to become chief executive of SG Asset Management, the group she co-founded in 1998.

Horlick has been joint managing director alongside John Richards and succeeds Keith Percy as chief executive.

Percy is to become executive chairman while Richards will focus on portfolio management and asset allocation.

Horlick will retain her role as head of equities and continue to manage the UK income fund.

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