Artemis has announced the appointment of Teun Johnston as Chief Executive Officer.
Johnston (pictured) will join Artemis at the beginning of next month. Artemis Senior Partner Mark Murray will retire at the end of June after nearly a decade leading the firm and 28 years with the business.
Murray said: “Teun is an experienced leader in the asset management industry with a strong track record of driving growth. I am delighted that Teun is joining Artemis to lead the business through its next phase of growth.
“Over the past 10 years, by maintaining our keen focus on delivering excellent returns for clients, we have put Artemis in a strong position. Building on our core strength in UK equities, we have broadened our asset base with the hire of one of the best fixed income teams in the country; we have generated strong growth in US, Emerging Markets and global equities; and we have launched a Luxembourg SICAV to attract investors from Europe.
In 2024, Artemis increased AUM from £23.6bn to £28.5bn today. “Most importantly, more than 95% of our AUM is top-quartile from launch. It’s a good time to be passing the baton,” Johnston added:
“Artemis is a unique organisation. It has the culture and ownership structure to attract and retain great talent, and the operational strength to give fund managers the support they need to excel.
“I am excited to continue to build on Artemis’ vision of delivering superior client outcomes through a range of highly differentiated active investment strategies, as an independent firm. The value of this approach has been clearly demonstrated to clients through excellent investment returns aligned with exemplary client service. Looking ahead, we will seek to further enhance Artemis’ strengths in ongoing collaboration with our supportive strategic partner, AMG, with a focus on broadening our client base internationally and diversifying our investment offering.”
Johnston joined Man GLG in 2012 as Head of Product Strategy, became Co-CEO in 2013, and sole CEO in 2016. During his tenure, Johnston built a number of new offerings in equities and credit through integrating a series of new teams that managed both traditional and alternative investment strategies. Prior to this, Johnston served as Head of Investments at Oakley Capital.