Phoenix criticises Spiegel performance and calls for Randall’s return
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Phoenix criticises Spiegel performance and calls for Randall’s return

William Spiegel Ken Randall 2022 bermuda.png

Phoenix Asset Management Partners has penned an open letter to fellow Randall & Quilter (R&Q) shareholders in which it argues that R&Q executive director William Spiegel is “not the right person to be leading the company” and calls for a general meeting to propose the appointment of his replacement.

The letter said: “Phoenix represents 46mn ordinary shares in the company and have been continual investors in the company since its IPO in 2007.

“We

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