M&G veteran Hughes joins Lindsell Train trust board

Taking up non-exec role

Former M&G manager Richard Hughes, who retired in March after 31 years at the group, has joined the board of the Lindsell Train investment trust.

Hughes latterly worked as manager of the M&G UK Income Distribution fund and previously managed the Recovery, Charifunds and UK Smaller Companies funds over his career.  After retiring in March, the manager has now taken on a non-executive role at Lindsell Train investment trust. He is one of two new non-executive directors to be appointed to the board of the trust alongside Nicholas Allan, who previously worked at hedge fund Boyer Allan Investment Management and Kleinwort Benson. Which trusts are most consistent outperformers over last decade? The hires bring the number of non-...