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Investing.com -- Intuitive Investments Group has announced that it is contemplating a shift from the specialist-fund segment to the main market of the London Stock Exchange (LON:LSEG).
The investment firm has also appointed a new chief executive officer to facilitate this transition.
On Monday, the company revealed its decision to promote its Chief Investment Officer, Giles Willits, to the role of CEO, succeeding Robert Naylor.
Naylor will be stepping down from his current position to concentrate on his duties as the lead fund manager at Achilles Investment, which was recently established.
This strategic move by Intuitive Investments Group follows the advancement of its investment in Hui10, a Chinese technology firm. Hui10 is striving to digitalize China’s lottery industry, and Intuitive’s investment in the company has progressed significantly in the past 12 months.
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