Russell's successor fully invested

HSBC's Bob Morris was put in the hot seat as manager of the £421m UK Growth and Income fund following Tim Russell's departure to Cazenove in September. Morris, whose previous main responsibility was managing the £112m Household Names fund, is confident he can continue to deliver good performance. HSBC Household Names was managed in much the same way as HSBC UK Growth & Income during Russell's tenure but Morris held a low profile among intermediaries as the fund was marketed through the bank's branch network. Morris continues to run the Household Names fund and has also taken on the £8...