Lansdowne Partners has appointed Brian Heyworth as its managing partner and chief executive officer, as current head Suzi Nutton heads into retirement.

We are pleased to announce that Lansdowne Partners will be acquiring CRUX Asset Management, the UK-based active equity investment manager. We look forward to meeting CRUX investors over the coming weeks.

Completion of the acquisition is subject to receiving all relevant regulatory approvals, which is expected to take approximately three months. During this period, we advise all CRUX investors to visit the CRUX website for continued access to the CRUX investor portal, and to address any other queries they may have relating to their investments.

London-based group brings decade-old strategy to wider market.