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Fund services news

Kernow picks Yealand for ACD and fund admin


09 February 2024 UK
Reporter: Lucy Carter

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Image: Parradee/stock.adobe.com
Kernow Asset Management has appointed Yealand Fund Services as authorised corporate director (ACD) and fund administrator for its UK open-ended investment company.

Founded in 2019, and having launched its UK fund offering in April 2022, Kernow focuses on all-cap UK equities delivered through hedge fund and tailored segregated mandate formats.

Edward Hugo, CEO of Kernow, says: “The Yealand team are likeminded, robust, and proactive. As an independent ACD Yealand focuses on what it does best, while we focus on the investment strategy of the fund.”

Rob Leedman, CEO of Yealand Fund Services, comments: “We are pleased to partner with the team at Kernow and look forward to working with them and building a strong and successful partnership.”
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