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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"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
-
Should you invest in UK equities?
The FTSE 100 hit a record high this week, but UK equities remain unloved and undervalued compared to their global and US peers. Should you snap them up at a discount?
By Katie Williams Published
-
State pension errors: DWP urged to check for mistakes among divorced people
Former pensions minister Steve Webb says there are a high number of divorced women on low state pensions. Now MPs want the DWP to check if there were any errors in “potentially underpaying men and women who are divorced”.
By Ruth Emery Published