Fundsmith appoints retail sales director

Rey, who joins institutional sales director Catherine Evans at the new group, will be responsible for marketing to IFAs, wealth managers and multi-managers. He was previously a sales manager at Gartmore and Prudential-Bache Securities. "Since our launch on 2 November, we have had a tremendous response from UK advisers and their clients, and Conrad's longstanding relationships with these investors will be invaluable to us," Smith says. "We have struck a chord with those who wish to invest for the long term alongside me on the same terms."