Manager of the EdenTree Responsible and Sustainable UK Equity fund, Patel joined the firm in October 2003, following a spell as lead analyst for global pharmaceuticals, healthcare and biotech at Insight Investment.
He began his career on a graduate programme at JPMorgan Chase & Co, where he spent almost three years.
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Lead management of the equity fund was handed over to Greg Herbert, head of UK equities, effective 1 November 2023.
EdenTree CIO Charlie Thomas said Patel left the firm “100% with our support”.
Responsible investment team
Head of responsible investment White has retired after almost 14 years with EdenTree, having joined the investment industry with CCLA in 1997. He will continue to act as a strategic advisor to the EdenTree board.
He is succeeded by Carlota Esguevillas, who has been promoted to head of responsible investment from her role as senior responsible investment analyst at the firm.
She joined EdenTree as a responsible investment analyst in February 2021, moving to the firm from ESG consultancy Simply Sustainable.
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Reporting to CIO Thomas, Esguevillas will be responsible for the firm’s RI activities.
Esguevillas said: “Neville retiring was part of a planned transition, so I will be formally doing things I suppose I have been informally doing over the past year.
“We are structured in an integrated way and that is how we can provide the best outcomes for our clients. I consider myself very fortunate at EdenTree that [responsible investment] really is at the heart of what we do, so to be able to lead that, it is very different to being at an asset manager where quite often you see responsible investment roles as a little bit more advisory and with a little bit less clout.”
Thomas added: “Carlota clearly showed some really genuine leadership skills, so with Neville deciding to retire, we felt like she is the most natural bet to take on the role.”
