Pacific Asset Management, the £16.8bn manager overseeing funds, MPS and multi-asset for IFAs, wealth managers and institutional clients, has made two appointments to its North American equities team as senior analysts, set to start in August this year.
Paul Allison and Preston Park join from Border to Coast Pension Partnership. The former will focus on financials, industrials and portfolio strategy, and the latter will cover TMT, consumer and healthcare sectors. They will report to John Feeley, fund manager, Pacific North American Opportunities Fund.
Paul Allison (pictured right) has some two decades of buy-side investment experience across institutional investment organisations. Most recently, he was portfolio manager for US equities at Border to Coast Pension Partnership, responsible for the $5bn AUM US equity sleeve within the firm’s Overseas Developed Fund. Previously, he held senior portfolio management roles at Fideuram Asset Management, Tesco Pension Investment and BAE Systems Pension Fund.
Preston Park (pictured left) while at Border to Coast Pension Partnership co-managed a US quality equity portfolio on behalf of one of the UK’s largest asset owners. Previously, he was a senior analyst at Findlay Park, seeking out high-conviction investment opportunities as a generalist across multiple sectors.
The appointments form part of Pacific’s strategy to evolve and grow its North American equity offering. Feeley joined Pacific in February from Findlay Park to lead development of the firm’s North American franchise. He was deputy chief investment officer at Findlay Park, with joint responsibility for an US$11bn US equities fund.
Feeley said the appointments would “further enhance the breadth and depth of our expertise as we continue to build-out our specialist North American equities platform and deliver long-term value for clients.”
