View more on these topics

UK equity manager Deptford departs Smith & Williamson

Smith & Williamson UK equity manager Charles Deptford has left the firm.

Deptford joined Smith & Williamson in June 2009 as fund manager for the Smith & Williamson UK Equity Growth and Smith & Williamson UK Special Situations Trusts, which have since merged under his management.

Mark Boucher is returning to Smith & Williamson in January.  He left the company in 2009 to run UK money for a US multi-strategy hedge fund and is now returning as director, head of UK equities and to return to his former responsibility as co-manager of the Enterprise Fund.

He will also become the lead manager of UK Equity Growth Trust, supported by Rupert Fleming. Mark Swain is the assistant fund manager of UK Equity Income Trust and will now become lead manager on the fund for the foreseeable future.

 Smith & Williamson director, head of investment management and banking David Cobb says: “We have had great success in building up an impressive franchise in fixed income over the past few years and we are confident that this new structure for the UK equity team will put us in a much stronger position to mirror this success.

“Boucher is a very experienced fund manager with an excellent track record and this, combined with his knowledge and understanding of Smith & Williamson, makes him an important hire for us”. 

Recommended

Schroders’ Buxton backs Rothschild in Bumi clash

Schroders head of UK equities Richard Buxton has backed financier Nat Rothschild in his ongoing clash with coal miner Bumi plc. Rothschild is attempting to replace 12 of the 14 directors on the board of the coal miner and has received backing from Buxton. Schroders is one of the largest City of London shareholders in […]

FSA approves Scottish Building Society merger

The FSA has approved the merger of Century Building Society with the Scottish Building Society. Century members voted in favour of the deal to be taken over by the Scottish by four votes to one, with the plan presented to the FSA on 23 November. Both societies published notices in a series of national newspapers […]

1

Adrian Whittaker to leave Abbey after sales team restructure

Abbey for Intermediaries key accounts director Adrian Whittaker has been made redundant from the lender following a shake up of the structure of its sales team, Money Marketing’s sister title Mortgage Strategy can reveal. Under the new structure, which will come into place this month, the responsibility for all aspects of the intermediary sales force […]

Aegon appoints new distribution chief

Aegon executive chairman of distribution Patrick Gale has left the firm and will be replaced by UK strategy director Rob Waller. Gale (pictured) joined Aegon as chairman of the distribution board in March 2010. He was subsequently made executive chairman of distribution in June 2011 to “ensure strong operational performance” for Positive Solutions and Origen, […]

Trusts: Easier than you think?

Protection providers often extol the benefits of placing plans in trust. The advantages for clients are widely recognised and numerous – inheritance tax mitigation, avoiding probate delay, controlling claim proceeds, and so the long, familiar list continues. Yet, dismissed as unnecessary form-filling, or simply viewed as irrelevant in the context of a mortgage sale, less […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com