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Newton poaches EFM director

Edinburgh Fund Managers director and head of private clients Harry Morgan is leaving after five years to join Newton Investment Management.

Morgan, who oversaw £300m of assets under management at EFM, will become head of Newton&#39s private investment management division.

He will be responsible for developing the Scottish business – which has around £700m under management – and overseeing the existing team of 15 Edinburgh-based fund managers.

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