Marlborough Fund Managers founder Geoff Hitchin to retire

50-year career

Lauren Mason
clock • 2 min read

Founder of Marlborough Fund Managers Geoff Hitchin is retiring after more than 50 years in the industry, and 34 years of running the £378m Global Bond fund.

Hitchin(pictured), who founded MFM in 1986 after spending 20 years as a tax officer and consultant, launched Marlborough Global Bond in 1987 and subsequently the £21.3m Marlborough Bond Income fund in 1998. Since Hitchin launched Marlborough Global Bond, it has returned 508.4% compared to its IA Global Mixed Bond sector average of 302.2%, according to data from FE fundinfo. Co-managers Danny Fox and Niall McDermott, who joined the helm of Marlborough Global Bond and Marlborough Bond Income in November 2018, will take over running the funds with immediate effect. Hitchin said: "I fe...

To continue reading this article...

Join Professional Adviser for free

  • 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

'Fundamental shift': Why transparent investing really matters

'Fundamental shift': Why transparent investing really matters

‘There needs to be a concerted shift towards greater openness’

Simon Camilleri
clock 18 March 2024 • 4 min read
Partner Insight: Passive and active — the case for both

Partner Insight: Passive and active — the case for both

Invesco
clock 18 March 2024 • 4 min read
Future of Investment Festival: Secure your place for June now

Future of Investment Festival: Secure your place for June now

A look at how to take advantage of global megatrends

Professional Adviser
clock 11 March 2024 • 2 min read