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Veritas appoints head of UK private client business

Veritas Asset Management has poached Newton deputy CEO Mark Rayward to head up its private client business in the UK.

Rayward will work with Newton founder and now Veritas director Stuart Newton and Veritas CEO and former Newton chief investment officer Charles Richardson.

Newton says: “Over time our private client business has gone from strength to strength providing clients with real returns over the medium to long term. Our investment philosophy has not changed since inception. Thematic, simple and transparent, we invest in the equity of businesses we know and understand; those which are financially strong, with a competitive edge, and, which are attractively valued for long-term returns.”

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