Artemis Continues Building Institutional Team

Following the growth of its institutional business*, and the successful launch of four institutional funds during March 2005, Artemis announces the appointment of Elaine Gordon to the institutional team.

Elaine Gordon joined Artemis on 1st August as Head of Institutional Client Service. Working closely with the fund management team, Elaine will take full responsibility for all servicing and reporting needs of the growing institutional client base.

With 12 years equity fund management experience and previous roles including Head of Investment Specialists at Gartmore Investment Management, Elaine’s investment and commercial experience highlights Artemis’ commitment to the institutional market place.

Commenting upon her appointment Elaine said: “I am delighted to join the team at Artemis and look forward to contributing to a company which is ideally placed to satisfy the growing demand from institutional investors searching for high performance investing. Exceptional past performance records, borne out of a refreshing and uncompromising focus on stocks and markets, enables Artemis to offer compelling investment solutions for clients seeking high conviction equity mandates.”

Mark Tyndall, CEO of Artemis said: “I am pleased to welcome Elaine to Artemis. Her wide experience and expertise will greatly help with the development and growth of our institutional offering.”

* Institutional assets amounted to £1.5bn (as at 31.07.05) of which £156m comprised pooled investments. There will be a range of seven institutional pooled funds, five institutional UK funds and two overseas funds. Four of which were launched in March 2005
• UK Alpha – John Wood
• UK Growth – Adrian Paterson
• UK Special Situations – Derek Stuart
• Equity Income – Adrian Gosden

The new funds, structured as unit trusts, have similar objectives to their corresponding retail equivalents. The company also run segregated mandates on these bases.