An analyst with ten years experience at Credit Suisse Asset Management (CSAM) will join Paradice Investment Management in mid-April, in a repeat of the move made by CSAM’s co-head of small caps, Matthew Booker, in January.

Adam Palmer, who has spent five years in CSAM’s large cap team and prior to that was a bond analyst and dealer for the manager, is currently working out his notice and will next month become an analyst for Troy Angus’ new large cap fund at Paradice. Palmer’s departure continues a bad run of turnover at CSAM, which after losing Booker to Paradice lost its other small cap manager, Stephen Atkinson, to MMC Asset Management in February. Senior CSAM large cap analysts David Spotswood and Robert Turner departed last year. Angus, who left BT Financial Group in February to establish the Paradice large cap business, said he was currently finalising a custodial provider for the fund. “;We’ve had some early indications of interest and should have it up and running by the middle of this month,”; he said.

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