Numis Securities has appointed Ewan Lovett-Turner as head of investment companies research to replace Charles Cade, while James Glass has become head of investment companies equities.
Cade retired on 30 September after 11 years with the firm, having joined from Winterflood in 2008. He had been a director and head of the investment trust research department while co-running the Numis investment trust team.
Lovett-Turner takes over as head of investment companies research, having spend 11 years working alongside Cade. He joined Numis in 2008 as associate director having joined from Grant Thornton.
Glass, meanwhile, has been part of the sales team at Numis since joining the firm in 2007.
Ross Mitchinson, co-CEO of Numis, said: "We are delighted to have appointed James Glass and Ewan Lovett-Turner as Head of Investment Companies Equities and Head of Investment Companies Research at Numis respectively.
"Ewan and James have worked at Numis for many years and are real specialists in the sector."
Numis said it had seen some significant client wins in 2019 to date, including International Biotechnology trust and newly listed Aquila European Renewables. It provides research to clients on over 400 investment companies.