Five of Investec's UK and global fund managers, including Jeremy Rigg and Nick Mottram, have departe...
Five of Investec's UK and global fund managers, including Jeremy Rigg and Nick Mottram, have departed the group over a pay dispute. Leaving with Rigg, manager of the £68m UK Blue Chip fund, and Mottram, manager of the £71m Global Free Enterprise, are Michael Rimmer, manager of the £32m UK Opportunities fund, and analysts Chris Carter and Nigel Dutson. The departures follow a dispute with the group's chief executive Hendrik du Toit. The managers were pushing for a larger revenue share of the business in their remuneration, which the group felt was too high. David Aird, joint managing di...
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