The research house placed the fund on hold in February after it became clear co-portfolio manager Peter Hartigan would step down for personal reasons.
Hartigan remains a director and part-owner of Resolution. His co-portfolio management responsibilities have been partly assumed by new co-portfolio manager and former senior analyst Jan-Aldert de Vos.
The portfolio management team has been reconfigured, with co-portfolio managers Andrew Parsons and Marco Colantonio increasing their portfolio allocations from about 33 per cent of funds to about 40 per cent each, with De Vos assuming responsibility for the balance of funds.
“While the loss of Hartigan’s experience and expertise from day-to-day operations is significant, a number of initiatives have reduced the impact of his departure and are expected to assist De Vos’s transition from analyst to co-portfolio manager,” S&P fund analyst Peter Ward said.
“S&P considers that the unique investment team structure has assisted in minimising the effect of Hartigan’s departure and that Resolution Capital’s succession plan has been measured and well implemented.”
The appointment of a new analyst, Anni Hu, was also expected to assist the investment effort, Ward said.
