Former M&G European equities head joins S&W

Giles Worthington has joined Smith & Williamson to run its European Growth trust, following the departure of Mark Pignatelli at the end of last year.

Mike Pascall had been running the fund on an interim basis, and has now left the company. Worthington has also become a partner in Smith & Williamson, which runs on a partnership basis. Ed Rosengarten, head of funds at the company, said "Giles is a highly regarded European fund manager with extensive experience in this sector. Europe is an important area and this compelling proposition makes Giles a valuable addition to the funds business of Smith & Williamson." Over the last three years, Worthington has managed the RiverCrest European Equity fund, which was launched in 2012 and cl...