LeggMason CIO Gallagher settles in

Keiran Gallagher takes up his post as chief investment officer at LeggMason Investors this week. Gallagher, who is to manage the £10m LeggMason European Growth Fund, will be introduced to clients throughout the first two weeks of May. Raj Shant, Gallagher's successor at Newton, became manager of the £356m Newton Continental European Fund last week and is to spend the next couple of weeks assessing the portfolio before making any changes.