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Momentum appoints advisory board to grow UK operations

Momentum Global Investment Management has appointed an advisory board to help it expand its operations in the UK, with ex-Gartmore and Rathbone Unit Trust Management chief Peter Pearson Lund and former Park Row chief executive Rick Abbott among those appointed.

Parent company Momentum, based in South Africa, wants the subsidiary to grow its presence in the UK.

The board is made up of Pearson Lund, Abbott, ex-Alexander Forbes group chief executive Rael Gordon, pensions specialist Steve Delo and Scorpio Partnership managing partner Sebastian Dovey, plus senior executives from Momentum in London and South Africa.

Momentum Global Investment Management chief executive Ferdi van Heerden says: “Given the changes to the market environment, it is essential that we also learn from the experiences of others.

“The appointment of an advisory board, which brings together a diverse and highly talented group of professionals, will help us to be at the forefront of our industry’s transformation.”

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