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Troy’s Francis Brooke secures promotion

Troy’s Francis Brooke secures promotion – Francis Brooke, who has managed the £3.3bn Trojan Income Fund since its launch in October 2004 and the £241m Troy Income & Growth Trust since 2009, will be relinquishing his fund management responsibilities on 31st December 2021 and taking up a new role as executive vice-chairman of Troy Asset Management Ltd. In this role, Francis will continue to contribute to the next stage of Troy’s development as a substantial shareholder, a member of the board and as a member of the company’s Executive Committee.

Blake Hutchins will become the Trojan Income Fund’s lead manager with effect from 1st January 2022. Blake joined Troy in October 2019 as co-manager of the Trojan Income Fund with both Francis Brooke and Hugo Ure.

Hugo Ure, who joined Troy in 2009, will remain co-manager, with Blake Hutchins, of the Troy Income & Growth Trust. Hugo is also Troy’s head of responsible investment and lead manager of the Trojan Ethical Income Fund.

Blake joined Troy in 2019 from Investec Asset Management (now Ninety One) where he was lead manager on the UK Equity Income Fund and co-manager on the Global Quality Equity Income Fund. Prior to that, Blake managed retail and institutional UK equity funds at Columbia Threadneedle. Blake holds a MA Hons in Economics and Politics from the University of Edinburgh and is a CFA Charterholder.

Hugo Ure joined Troy from Kleinwort Benson, where he was an equity analyst. Hugo gained his MA in Geology from Oxford University in 1999, following which he spent five years serving with the Scots Guards. He holds the CISI Diploma and is a CFA Charterholder.

TIGT : Troy’s Francis Brooke secures promotion

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