INVESTOR PROFILE-Rathbones' elder statesman unfazed by crisis

Wed Oct 28, 2009 9:00am GMT
 
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* Chillingworth stays sanguine while funds underperform

* Says market getting "overexcited"

* Moved into funds industry after redundancy from acid maker

By Chris Vellacott

LONDON, Oct 28 (Reuters) - The last thirty years in the City has spanned multiple financial crises and wealth manager Rathbones' (RAT.L) chief investment officer Julian Chillingworth thinks last year's was little different to previous market upsets.

The collapse of Lehman Brothers and the fallout from the subprime debacle spooked investors around the world but Chillingworth says he was able to keep his head having seen it all before.

"The crisis was more career defining for younger people than it was for some of us older folk because having started my career in the late 1970s I went through my first bad recession in the 1980s and another pretty rocky time in the 1990s," he said.

And the start of his career was not exactly auspicious either, with the chemistry graduate only ending up as a trainee at broker James Capel after he was made redundant from his first job at an acid manufacturer before even stepping through the door.  Continued...

 

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