James started as assistant to the Chief Investment Officer at Coutts in the mid-1990s. After three years, he joined Singer & Friedlander for four years as a Junior Portfolio Manager and analyst, covering the Alcoholic Beverage, Leisure, and Media sectors. He then moved on to Capital International Group in 2003, where he spent six years as a Portfolio Manager and subsequently Senior Portfolio Manager (years which included weathering the financial crisis of 2008), and became the first person on the Island to acquire the prestigious CFA Charter. In 2010, James moved to Thomas Miller Investments as Senior Portfolio Manager and later Deputy Head of the Equity team. He rejoined Capital International in 2018 as Head of Equity. He recently acquired the CFA Certificate in ESG Investing.
With a forecasted budget deficit of £355bn revealed in the Chancellor's announcement last month, the UK's finances are in the most precarious state they have been in for decades. As we now begin to emerge from the pandemic, Head of Equity James Penn weighs in on the UK government's strategy to rewaken the economy and restore the health of the nation's finances.