Gartmore finds replacements for senior posts

Gartmore has appointed replacements for Marcus Brookes, deputy head of multi-manager, and Robin McDonald, who has worked with Brookes at Gartmore for five years. Tony Lanning will replace Brookes and Kate Trowsdale will replace McDonald. They will both join next month.

As reported in Fund Strategy (September 17, page seven), Brookes and McDonald are leaving Gartmore to join Cazenove. Brookes will become head of multi-manager at the group, while McDonald will be co-manager.

Lanning joins Gartmore from Arbuthnot Latham, a private bank, where he was head of collective research. Before that he spent six years as director of research and investment at Origen. Trowsdale joins as a senior analyst from Kleinwort Benson, where she was fund research analyst.

Bambos Hambi, head of multi-manager at Gartmore, says Lanning and Trowsdale will fit into the Gartmore team well.

“They’re people I’ve known for a number of years,” says Hambi. “I go to conferences and I go to presentations, so I get to spot quality people. Tony and Katie know their stuff. They have good experience and they’re very bright. They’ll be perfect for the Gartmore multi-manager team. Tony has 17 years’ investment experience.

“We have a great reputation at Gartmore. This is a highly prized position.”

Ben Yearsley, investment research manager at Hargreaves Lansdown, agrees that Lanning is a good hire for Gartmore. “It re-strengthens the team,” he says.

“It’s a good addition. He [Lanning] is taking a higher-profile role. This is a good move for him. It’s good that Gartmore has moved swiftly,” adds Yearsley. “[Lanning] is a good replacement.”

Hambi says no decision has been made yet regarding a handover period between Brookes and Lanning. Brookes is under contract to remain at Gartmore till March.