Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Ex-Rathbones fund chief Pearson Lund on new Momentum GIM advisory board

Ex-Rathbones fund chief Pearson Lund on new Momentum GIM advisory board

South African-owned group Momentum GIM is to spearhead growth in the UK with the creation of a UK advisory board to scout potential opportunities.

The non-statutory advisory board will ‘act as a strategic think tank’ for new initiatives and help plot an improved distribution strategy on both the retail and institutional sides.

The advisory board includes former Rathbones Unit Trust chief executive Peter Pearson Lund and  Sebastian Dovey, managing partner at wealth management consultancy Scorpio Partnership.

He is joined by former Alexander Forbes group CEO Rael Gordon, corporate finance commentator Rick Abbott and pension fund trustee Steve Delo.

Delo said Momentum was ‘focused on unlocking considerable growth opportunities’, while Lund said the firm was looking forward to developing new solutions.

‘During my long career, the unit trust sector has always welcomed new ideas and participants with something different to offer,’ Lund said in a statement. ‘Along with its parent, and in line with new market trends, Momentum is continuing to develop client centric solutions. I look forward to helping them apply their innovations in the UK market.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Biotech Growth: we will ride out this storm

Biotech Growth: we will ride out this storm

Geoffrey Hsu of Biotech Growth Trust says the sell-off in biotechnology stocks represents a buying opportunity for long-term investors.

Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Your Business: Cover Star Club

Profile: 'what we are doing at Mosaic is Darwinian'

Profile: 'what we are doing at Mosaic is Darwinian'

The changes in financial services over the last few years may leave some destitute warns Marco Sambucci of Mosaic Money Management

Wealth Manager on Twitter