RIT Capital Partners, the investment trust started by Lord Jacob Rothschild, has announced that its Investment Director, Micky Breuer-Weil, has stepped down to start his own money management business, having been on the board since 1998; he will be replaced by Ron Tabbouche.
Tabbouche is joining the firm GAM, where until most recently he was Head of Investments. He was the youngest member of GAM's Investment Committee and spent several years working alongside Gilbert de Botton.
"He has built a considerable reputation at GAM and we greatly look forward to him becoming our Investment Director," RIT 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
Ron will be a Director of RIT's operating subsidiary, J. Rothschild Capital Management Limited (JRCM), and a member of its investment committee.
The share price rose 0.08% to 1,223p by 13:07.
NR
-
Side hustle tax changes: HMRC reforms could save thousands from filing self-assessment tax returnsThe government plans to raise the tax-free threshold for trading income – here is how it could help your side hustle
-
Return to the office: is working from home coming to an end?More and more employers want their staff to return to the office. Is it a good idea?
