Brooks Macdonald co-founder to step down after 28 years

Jon Gumpel leaving in March 2020

Anna Fedorova
clock
Jon Gumpel
Image:

Jon Gumpel

Co-founder of Brooks Macdonald Jon Gumpel has decided to step down as fund manager of the Defensive Capital fund and will leave the firm in March 2020, having spent 28 years with the business.

Niall O'Connor, who has been deputy manager on the £663m fund for three years, will take over as lead manager of the vehicle. Gumpel was a founding director of Brooks Macdonald in 1991; he...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Laura Suter: "What's interesting is that the government hasn't publicly stated how much money it wants to raise from the bonds, instead setting a funding target of £15bn for both the savings bonds and the Green Gilt sales."

Laura Suter: What the NS&I flop tells us about savers going green

Laura Suter
clock 05 August 2022 • 3 min read
Total funds under management have fallen on the previous year, down to £1.4trn from June 2021’s £1.5trn.

Every asset class suffers outflows in second worst month on record

Responsible investment holds up

James Baxter-Derrington
clock 04 August 2022 • 2 min read
Hayley Jarvis moves to the firm from Essex-based financial planners Forrester-Hyde

Evelyn Partners adds financial planner to Chelmsford office

Remains on hiring spree

clock 03 August 2022 • 2 min read