Rambourg seeds charity with £10m Henderson stake

clock

Guillaume Rambourg, the ex Gartmore fund manager embroiled in allegations over trading irregularities last year, is to seed a new charitable foundation using his entire stake in Henderson.

The Rambourg foundation was set up by the manager with his wife, Olfa Terras, and was registered with the Charity Commission in February. "My wife and I were giving a few donations on a yearly basis so we decided to organise it in a more efficient way by having our own UK-registered charity," said Rambourg. "I will be transferring my Henderson shares into it tax-free, which is a great advantage, and it also means we can raise money for the foundation." Rambourg was suspended from Gartmore in April 2010 amid claims he had breached internal procedures, but he was subsequently cleared...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Event Voice: Stepping out of cash into the Credit Sweet Spot

Event Voice: Stepping out of cash into the Credit Sweet Spot

Peter Marsland, Fixed Income Investment Specialist, from Aberdeen discusses the Short Dated Enhanced Income Fund at the June Fixed Income Market Focus.

Peter Marsland, Fixed Income Investment Specialist
clock 08 July 2025 • 4 min read
Investors undergo 'buyers' strike' in June sending order values to two year low

Investors undergo 'buyers' strike' in June sending order values to two year low

Middle East conflict did not deter investors

Eve Maddock-Jones
clock 08 July 2025 • 2 min read
The big questions around re-evaluating risk for the retail investment industry

The big questions around re-evaluating risk for the retail investment industry

Discussions at Global Investment Management Summit

Katrina Lloyd
clock 08 July 2025 • 8 min read
Trustpilot