Artemis Manager Moves To U.K. Stocks

Tim Steer, a fund manager at Artemis Investment Management, is switching to domestically focused stocks of the firm.

Tim Steer, a fund manager at Artemis Investment Management, is switching to domestically focused stocks of the firm, Financial Times repots. The manager of the £367.5 million U.K. Growth fund is eyeing sectors, such as housing and construction. He is also targeting oil and gas service stocks, including Kentz, with the sector making up to 18% of the fund. Steer, who took over the fund in June 2009, joined Artemis from New Star.

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