Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of 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 Volatility is back, Europe's future & Ethical's key moment

Volatility is back, Europe's future & Ethical's key moment

This week’s episode of Investment Pulse takes a look at European prospects, FTSE volatility and whether public pressure is about to provide a push for ethical investment

Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Wealth Manager on Twitter