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Goodhart Partners hires Richard Tennant to launch a global small-cap fund

02 April 2025

Tennant will work with former Fidelity colleague Russell Champion to build a new global small-cap capability.

By Patrick Sanders ,

Reporter, Trustnet

Richard Tennant, a former equity analyst and portfolio manager at Capital Group and Fidelity International, has joined multi-boutique asset manager Goodhart Partners. He will work with portfolio managers Russell Champion and Andrew Heap, who joined earlier this year, to launch a global small-cap fund.

Tennant, who has more than 18 years of experience in European small and mid-caps, said: “As I look at markets now, I see enormously attractive opportunities in stocks that I believe have the potential to generate extraordinary long-term returns. I am excited to apply my process and philosophy to a broader investment universe.”

Gary Tuffield, partner at Goodhart, added that Tennant’s appointment reflects “a rapidly dawning recognition that the environment the world has entered will necessitate a more agile investment approach, focussing on identifying opportunities and risks whenever they may occur, and being willing and able to implement change when warranted”.

Tennant brings Goodhart’s global equity team to 10, following the appointments of Heap and Champion earlier this year.

Champion previously co-managed Premier Miton’s European Opportunities fund. Heap joined from Pie Funds, where he was responsible for conducting research on global equities with a focus on US small-caps. They previously worked together at Pensato Capital and Redwheel.

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