Mumford created the Opportunities fund in 1988 and the AIM fund in 2005, and holds over 60 years of experience in the UK investment industry. He spent the majority of his career with Cavendish Asset Management until it was acquired by Stonehage Fleming in 2020.

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Burchett has worked with Mumford for the last seven years on the funds. Previously, he spent almost three decades at Investec where he was head of dealing.

“I feel very honoured to be taking full charge of the TM Stonehage Fleming Opportunities fund and the TM Stonehage Fleming AIM fund. I am enormously grateful to Paul for his support as I take them forward.  The prospect of seeking further opportunities for the medium-to-long-term benefit of investors is an immensely exciting one,” Burchett said.

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Graham Wainer, CEO of Stonehage Fleming Investment Management, added: “Nick has demonstrated his deep knowledge and investment experience managing two of our flagship funds alongside Paul. It is only natural, therefore, that Nick steps up to take on the leadership role. I would like to take this opportunity to thank both Paul and Nick for their hard work and ongoing commitment to the firm.”

O’Hara and Ross were co-portfolio managers of the Henderson European trust, which generated a share price total return of 64.3% over the past five years, compared to a sector average of 37.8%, according to the Association of Investment Companies. The Henderson European trust board announced the resignation of the duo this morning.

Barker was a research analyst for the European equity team since 2021, and previously an equity research analyst at Bank of America Securities.

The trio, led by O’Hara, will manage the GAM Star European Equity and GAM Star Continental European Equity Funds. The funds were previously managed by Niall Gallagher, Chris Sellers and Chris Legg, who announced last November they would be joining Jupiter by summer 2025.

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“Over the decades GAM has nurtured some of the finest investment talent for the benefit of clients. Its strong heritage in European Equities has directly shaped my approach to investment. It is a privilege to accept this responsibility, and I look forward to contributing to the renaissance of GAM under new, long-term focused majority ownership,” O’Hara said.

Elmar Zumbuehl, Group CEO at GAM, added: “I am delighted to welcome Tom, Jamie and David to GAM. We are confident that their strong investment track records and proven investment approaches will lead to excellent client outcomes. Attracting such exceptional investment professionals underscores GAM’s distinctive and attractive culture, our strategy, and long-term promise.”

O’Hara has been with Janus Henderson since 2018 while Ross joined the company in 2007 as a graduate trainee. Henderson European trust is a result of the merger of Henderson Eurotrust and Henderson European Focus Trust that occurred last year.

The duo will be succeeded by Robert Schramm-Fuchs and Nick Sheridan, who have been part of the company’s European Equities team since 2014 and 2009, respectively.

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The trust has a share price total return of 64.3% over the last five years, compared to a sector average 37.8%, according to the Association of Investment Companies. It trades at a 9.4% discount, and has been conducting share buybacks in an effort to shrink the percentage.

“The board will, via Deutsche Numis, be soliciting shareholder views on the strategic direction of the Company, and intends to review the Company’s position in light of the feedback received,” the board stated.

Meagher joins the team from Ruffer, where she spent the first 18 years of her career. At Ruffer, she was first promoted to investment director and then became director of private wealth, a position she has held since November 2023.

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She ran portfolios for private clients, trusts, companies and charities across the UK, Channel Islands, and the Isle of Man.

Edward Allen, investment director and head of Tyndall’s private client practice, said: “Our team has grown steadily since launch, attracting talented professionals dedicated to delivering investment excellence, tailored to each client’s particular circumstances. 

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“We have created a culture where our clients’ financial objectives are our primary consideration and where all investment managers have the autonomy to invest with conviction to meet those objectives.

“Throughout her career, Lucie has clearly demonstrated that she shares these principles on which Tyndall was founded. Coupled with her deep experience in managing client portfolios, this makes Lucie an outstanding complement to our team.”

In the newly-created role, she will work closely with the boutique’s investment teams to help shape its product range and develop new investment propositions.

Prior spent 14 years at Columbia Threadneedle and has previously held investment roles at Thames River, Credit Suisse and Rothschild Asset Management.

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Sheldon MacDonald, CIO at Marlborough, said: “Kelly is a consummate investment professional with a wealth of experience that will be extremely valuable as we continue to develop and expand our investment proposition.

“Her appointment underlines our commitment to attracting outstanding professionals who share our laser focus on delivering great outcomes for clients. I’m looking forward to working closely with her as we continue to grow.”

Marlborough has also appointed Nick Peters as a portfolio manager within its multi-asset solutions team. He was previously the group’s investment adviser, having joined Marlborough in 2022.

Peters has held multi-asset portfolio management roles at Fidelity International and Barclays Wealth.

James Milward, formerly an oversight analyst at the group, also joins the multi-asset solutions team as an assistant investment analyst.

Wilson began his career as a private client manager at Greig Middleton, where he remained for 15 years before a stint at Morgan Grenfell Investment Funds. He started at AXA IM in 1999 as an investment sales manager and worked his way to head of global financial institutions, UK, a position he has held for over a decade.

In the new role, Wilson will head the newly-created UK retail sales team which unites the wholesale and adviser teams under one unit. He will report to Phil Baker, head of distribution.

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“At this time of evolution within the sustainable investment industry, our ability to build and nurture strong and supportive client relationships is of utmost importance,” Baker said.

“Rob’s significant sales expertise and deep understanding of the UK retail landscape make him ideally positioned to lead our growth ambitions in this focus area of the market for EdenTree. His genuinely client-centric approach and extensive client network will help foster our existing relationships while opening up new and exciting distribution channels.”

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Wilson added: “I am excited to join EdenTree at this pivotal time for the industry, and look forward to working with the sales and investment teams to bring the company’s significant sustainable investment expertise to a broader client base.”

Blake has been deputy CEO under Hawkshaw since February last year, but has worked at KBI Global Investors for over 30 years, first joining the group in 1994.

He also acted as the firm’s global head of business development and client services since 2004, which included him building out KBI Global Investor’s North American business between 2007 to 2014.

His predecessor Hawkshaw will retire alongside chief investment officer Noel O’Halloran, both of whom have been with the firm since 1992.

Bartlett will join CFA UK from CFA Institute, where he is currently senior head of learning content and innovation. He joined CFA Institute in 2018 having spent the previous six years as director of education at CFA UK.

Commenting on his appointment, Bartlett added: “I am thrilled to become the next chief executive of CFA UK. The society has a deep history and has made significant strides in recent years to develop professional learning and investment qualifications that meet the needs of the profession. I look forward to building on this platform and working with the board and members of CFA UK to achieve the society’s mission of educating, connecting and inspiring the investment industry as the sector continues to evolve.”

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Bartlett first joined the investment profession in 1995, working in Schroders’ global business development team before moving into learning and development roles at BPP and Aviva Investors.

As well as being a CFA charter holder and an ASIP – having passed the Associate exams of the IIMR (one of the founding bodies of CFA UK) – Bartlett also holds the Investment Management Certificate and the Fundamentals of Sustainability Accounting (FSA) Credential. Additionally, he has previously chaired the CPD Forum, a network for association staff working in professional learning.

Hilary Eastman, CFA, chair of CFA UK’s board, added: “We are delighted to appoint Nick as the society’s next chief executive. Nick’s understanding of investment professionals’ needs for skills and knowledge – and of the best tools and techniques for delivering those – make him well-positioned to build on the society’s success. His recent experience will also help us work even more closely with CFA Institute to meet individuals’ current and future needs.

“It is also great to welcome Nick back to the society. He is immensely respected by our volunteers and members and he has played a vital role in developing our recent certificates and cementing the IMC’s position as the leading entry-level qualification for the sector.”

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Thomson has been on the board since the company launched in 2018, and served as chair of the audit committee. This position will be taken on by Margaret Stephens, and the trust said the search for a new non-executive director is “at an advanced stage”.

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“The board would like to express its gratitude to Katya [Thomson] for her invaluable contributions to the company since its launch in October 2018. Her guidance as chair of the Audit Committee has been greatly appreciated.  We extend our best wishes to her for the future,” the board stated in a stock exchange announcement.

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AVI Japan Opportunity is currently trading at a 3.4% discount to NAV, and has a share price total return of 31.4% over the last year, compared to a sector average 9.1%, according to the AIC. Over the past three years, it has returned 41% while the sector has lost 8%.

Jewell spent 15 years with RBC BlueBay, where he began as head of high yield trading before becoming a portfolio manager and later a partner of the firm. At the firm, he sat within the wider global leveraged finance team that manages $18bn AUM across high yield and leveraged loans.

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In his new position, Jewell be part of the developed markets specialist credit team, and partner with Darpan Harar on Multi Asset Credit and Global Total Return Credit. The team will work to expand the firm’s developed market specialist credit platform.

Mimi Ferrini, co-chief investment officer at Ninety One, said: “Justin brings with him extensive experience, leadership, expertise, and an outstanding track record.  He will play a crucial role in the development and expansion of our developed markets specialist credit platform while delivering long-term value to our clients.

“Ninety One’s credit offering is differentiated through its global and unconstrained universe and its highly dynamic investment approach. We are committed to helping investors capture the full diversification benefits and defensive portfolio properties that global credit markets have to offer.”

He spent nine years at Allianz and has previously held sales roles at Canada Life Investments and Russell Investments.

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Artemis has also appointed Joe Wallace and Freddie Morrissey as sales support executives, who join from Janus Henderson and Muzinich, respectively. All three will be based in Artemis’s London office.

Couzens said: “[Artemis] has a very strong range of distinctive, actively managed funds in core areas for many clients.

“Concentration risk is a key concern of many investors, so we’re seeing a trend of mitigating that risk with active strategies that have proven themselves through various market cycles.”

He joins from Goldman Sachs Asset Management after 12 years, where he was most recently head of UK wealth distribution.

In the new role, Peters will focus on developing relationships with UK wealth managers and advisers.

Honor Solomon, CEO of EMEA at AllianceBernstein, said: “The UK continues to be one of the cornerstone markets in EMEA with a sophisticated client base with a growing interest across a wide range of products and solutions.

“In the current market environment, investors expect advice based on real investment expertise and broad-based knowledge. With Adam we have found an expert who has the right technical understanding as well as a consistent focus on distribution. I am delighted to welcome him to the team.”