T. Bailey's Britton steps down

Britton has been replaced by T. Bailey's ex-CIO Richard Martin, a strategic adviser to the group since 2008. Martin will work alongside Elliot Farley, manager of the £36m Dynamic Cautious Managed fund, and non-executive director Michael Hughes. Britton says he is taking a break from the industry. He says: "I am enormously proud of what I achieved here. T. Bailey is a modern-day David and Goliath story. "I helped lead the business through the combined threats of one of the largest stock market declines since the great depression, the greatest buyers strike of retail funds since r...