Brooks Macdonald co-founder joins Aubrey

Jon Gumpel

Aubrey Capital Management has announced that Jon Gumpel has joined the firm as a Director and Fund Manager from 1st July 2020. Gumpel was one of Brooks Macdonald’s four original founders in 1991. He saw the business through twenty-eight years of growth and a public listing in 2005, leaving in October 2019 when the company was managing £13billion of assets.

Gumpel initiated and led Brooks Macdonald’s strategy of working closely with UK intermediaries and latterly managed the successful Defensive Capital Fund, which by the time of his departure, had grown to £700m and consistently provided among the most attractive risk adjusted returns in the sector and won a number of awards including the 2019 Lipper award for the absolute return sector.

Aubrey Founder, Andrew Dalrymple, said of Gumpel’s appointment “We are very pleased to welcome Jon to Aubrey where we feel his fund management skills and experience providing investment services to intermediaries will add significantly to Aubrey’s offering, benefiting our clients and the firm alike”.

Jon Gumpel said “I have known Aubrey for a number of years and have been consistently impressed by their investment approach. Their equity performance over the last three years and importantly in the year to date has been simply stunning. I look forward to working with a genuinely nice group of people and to adding value for the business.”