New Chairman for BH Global

Channel Islands investment firm BH Global said it had brought in Sir Michael Bunbury as its new Chairman after the resignation of the incumbent, Lord Turnbull.

Channel Islands investment firm BH Global said it had brought in Sir Michael Bunbury as its new Chairman after the resignation of the incumbent, Lord Turnbull.

The latter will resign on 1st january after five years as a non-executive director and Chairman of the company to "pursue other commitments".

"I am now standing down after five years planning, launching and chairing BH Global," Turnbull said.

"Since its launch in June 2008 its Net Asset Value has grown by over 28% and the company has shown great resilience through some very turbulent times."

Turnbull led the UK Civil Service between 2002 and 2005.

Bunbury, aged 65, is an experienced director of listed and private investment, property and financial services companies and trustee for high net worth families.

He is currently the Chairman of HarbourVest Global Private Equity and JP Morgan Claverhouse Investment Trust, a Director of Invesco Perpetual Select Trust, a consultant to Smith & Williamson and a former Director of Foreign & Colonial Investment Trust.

He began his career in 1968 at Buckmaster & Moore, before joining Smith & Williamson, Investment Managers and Chartered Accountants, in 1974 as a Partner.

MM

Recommended

Three stocks to provide income and growth in good times and bad
Share tips

Three stocks to provide income and growth in good times and bad

Professional investor Matthew Page of the Guinness Global Innovators fund picks three resilient stocks that should pay predictable dividends that grow…
5 Aug 2022
Share tips of the week – 5 August
Share tips

Share tips of the week – 5 August

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
5 Aug 2022
Invest in defence stocks as war goes hi-tech
Share tips

Invest in defence stocks as war goes hi-tech

The operational efficiency of defence equipment and cybersecurity is developing rapidly owing to the war in Ukraine, says Jonathan Compton. Here’s wha…
4 Aug 2022
Enjoy the bear market rally while it lasts
Stockmarkets

Enjoy the bear market rally while it lasts

Investors seem to think that a weaker US economy will cool inflation and see the Fed relent on interest rate rises. But that optimism may be misplaced…
3 Aug 2022

Most Popular

Are UK house prices finally heading for a crash?
House prices

Are UK house prices finally heading for a crash?

The latest house price figures show a fall of 0.1% in July. With interest rates rising, inflation hitting double figures and a recession on the cards,…
5 Aug 2022
What is stagflation and what can be done about it?
UK Economy

What is stagflation and what can be done about it?

The threat of 1970s-style stagflation has returned, here’s what you need to know.
4 Aug 2022
Share tips of the week – 5 August
Share tips

Share tips of the week – 5 August

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
5 Aug 2022