Pravarshan Murugasen Appointed Head of Equity

We are pleased to communicate the internal appointment of Pravarshan Murugasen to the new investment team role of Head of Equity (HoE). The role subsumes some of the key functions of Head of Research (currently held by portfolio manager Nick Balkin) and Deputy Chief Investment Officer (Daryll Owen).

The HoE role will cover management of the equity research process, resources and team; recruitment, development and training of analysts; brokerage management; and management and communication of ESG (Environmental, Social and Governance) investment. These are all areas in which Pravarshan has a natural interest and proven acumen. He has been with Foord since January 2012 and is a chartered accountant, CFA charter holder and holds an MBA from the University of Oxford.

Nick Balkin will relinquish the time-consuming Head of Research role to focus principally on portfolio management and all its related demands. As communicated previously, Daryll Owen will be retiring in the second quarter of 2021 and will immigrate to his wife’s ancestral home of Portugal.