John Husselbee: Success and succession

Any Arsenal fans who invest in the Axa Framlington UK Select Opportunities fund have recently suffered a double blow, with two longstanding managers announcing plans to move on. Arsene Wenger and Nigel Thomas are both set to give up long-term positions and, while Chris St John has long been identified as the latter's replacement, it was only in late May that Unai Emery was lined up to take the former's place at the Emirates. Without stretching this comparison too far - there have been no ‘Thomas out' banners after all - it does shine a fresh light on the subject of succession planning in...