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 launched...
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