15 July 2024 – Ninety One has today announced that Paul Gooden has joined its Natural Resources team. Subject to regulatory approval, Paul, will become Co-Portfolio Manager of the Global Natural Resources strategy, which he will manage alongside George Cheveley and Dawid Heyl. Based in London, Paul is also taking on the leadership of the Natural Resources team. Paul’s appointment comes as Tom Nelson will be stepping down from his portfolio management responsibilities to focus on his family business. He will remain with Ninety One in an advisory capacity. George and Dawid have worked on the Global Natural Resources strategy since inception in 2008.
With nearly 30 years industry experience, Paul joins Ninety One from Fidelity International where he was a Co-Portfolio Manager of the Global Energy and Global Clean Energy strategies as well as an Analyst covering US energy equities since 2014. Additionally, Paul has held roles with Subsea 7, RBS Global Markets and Morgan Stanley. Paul received a Master of Business Administration from INSEAD and Bachelor of Arts from St John’s College, Cambridge University.
Mimi Ferrini, Co-Chief Investment Officer, Ninety One: “Paul brings with him a tremendous depth and breadth of expertise, an outstanding track record and an extensive understanding of natural resources, most especially the energy sector. Throughout their careers, Paul and Tom have primarily focused on high quality companies in the evolving energy sector. This experience will provide strong continuity for the team, strategy, and clients. We have planned Tom’s succession together for over a year and believe we have found a perfect fit for Ninety One and the Investment team with Paul Gooden. We are grateful for Tom’s contribution over the past 12 years and look forward to continuing to work with him.”