Investec adds to strength of split cap trust resource

UK equity income manager Alistair Mundy is to leave Morley Fund Management to join Investec Asset Management within the next few weeks, writes James Thorneley. Investec recruited Mundy to strengthen its investment trust team after the departure of Richard Prvulovich to Gartmore in May. Mundy will work alongside Chris Burvill, head of UK equity income, with whom he used to work at CGU in the early 1990s. Burvill has management responsibilities for six of Investec's investment trusts. While at Morley, Mundy ran the frA-rated CGU PPT Equity Income unit trust. He also ran the Monthly High Inc...