River and Mercantile has appointed Matt Hudson as lead manager of its £116m UK Equity Income fund, previously run by Dan Hanbury, who stepped down on 8 February.
Hudson will be supported by Anna Pugh as alternate manager. Pugh has worked on the team for the previous four years. Hudson, who will be part of the PVT equity team, has over 20 years' experience having managed equity income portfolios at Cazenove Fund Management, and subsequently Schroders. River & Mercantile's Dan Hanbury resigns ahead of AssetCo acquisition Hudson said he was looking forward to bringing "a renewed focus" to the fund and noted that "the rigour of the investment process and the team culture" of River and Mercantile "are highly regarded in the industry". Alex Ho...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
