Tellworth UK Income and Growth manager Mark Barnett will leave the company at the end of June following the completion of Tellworth’s acquisition by Premier Miton.
Barnett launched the fund in March 2022 shortly after joining the firm in 2021. It is up 12% since then, largely in line with the IA UK Equity Income sector average.
He will be replaced by Premier Miton’s Emma Mogford, who manages its Monthly Income and Optimum Income funds. Since she took charge of them in 2020, they are up 38.6% and 35.6% respectively.
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Mogford will be supported by deputy manager Mahgul Ansari, who has assisted her on the Monthly Income and Optimum Income funds since she joined Premier Miton in 2021.
Mike O’Shea, CEO of Premier Miton, said: “We thank Mark for his management of the Income & Growth Fund, and wish him well for the future – investors can feel confident that Emma and Mahgul will continue to deliver great outcomes for investors.”
Premier Miton bought Tellworth in November last year and the acquisition was completed in January. It confirmed today that all Tellworth’s assets were successfully transferred onto the Premier Miton platform.
See also: Premier Miton’s Ian Rees becomes sole head of multi-manager team
