Brooks Macdonald founder Jon Gumpel to join Edinburgh-based boutique

Will become director and fund manager

Co-founder of Brooks Macdonald Jon Gumpel will join Edinburgh-based Aubrey Capital Management as a director and fund manager from today (1 July).

Gumpel, who left Brooks Macdonald in March after 28 years at the firm, said he has known Aubrey - which manages institutional assets of roughly $1bn - for "a number of years" and has been "consistently impressed by their investment approach". He said: "[Aubrey's] equity performance over the last three years and importantly in the year to date has been simply stunning. I look forward to working with a genuinely nice group of people and to adding value for the business." Aubrey, which was founded in 2006, runs a global, a European, and an emerging markets fund. All three portfolios are ...