The board of the European Assets trust (EAT) has replaced lead manager Sam Cosh with immediate effect, after more than a decade at the helm.
In a stock exchange notice today (2 May), the trust said he would be succeeded by Columbia Threadneedle portfolio manager Mine Tezgul, who the directors said was "very well suited" to deliver performance. "The board will continue to monitor performance closely and looks forward to working with Mine and Lucy Morris, who will continue in her role as investment manager supporting the lead investment manager," the directors said. "The board wishes to place on record its thanks to Sam for his commitment to the company since his appointment as lead investment manager in 2011 and wishes him...
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
