First appointment since Godfrey's exit

Joins as sales director

Shareholders in Electra Private Equity have voted to elect activist investor Edward Bramson onto the board, after a public debate over the future of the trust.

More focus on mainland China

Hiring two investment managers

Strategy for downside protection

Platform sales of £1.6bn

Manager is unusually optimistic

Fund taken over by Nick Williamson

Armour to retire at end of 2016