Schroders star Andy Brough signs up for Ukip
Friday 24 May 2013
One of the City’s best-known fund managers has joined Ukip as the business world continues to pick sides over Europe.
Andy Brough, who manages Schroders’ £1.4 billion mid-cap fund, is understood to have joined Nigel Farage’s party after growing weary with the coalition and European attacks on the City.
The outspoken 52-year-old has worked at Schroders since 1983, making him one of industry’s longest-serving figures. He is well-known for having forthright views, and recently overhauled his fund after a period of poor returns.
News of his support of Ukip will come as a timely boost for Farage after a group of Britain’s highest profile business leaders — including Sir Richard Branson and Sir Martin Sorrell — wrote to The Independent accusing Eurosceptic MPs of putting “politics before economics” and abandoning the national interest in their calls for Britain to leave the European Union.
Brough, who declined to comment, is by no means alone in his support of Ukip, with IG Group founder Stuart Wheeler currently the party’s treasurer. Hedge fund boss Crispin Odey also held an event to introduce Farage to City figures yesterday. He said: “I’m not a member of Ukip but I think Nigel has managed to move the party a long way from looking like a bunch of swivel-eyed loons.”
- 1 Moscow voted the world's unfriendliest city
- 2 The excuses your boss is most likely to believe when you call in sick
- 3 I'm pansexual – here are the five biggest misconceptions about my sexuality
- 4 More than 11,000 Icelanders offer to house Syrian refugees to help European crisis
The excuses your boss is most likely to believe when you call in sick
Bono's group has made more money from Facebook investment than from all his music
Three-year-old ultra-Orthodox Jewish children told 'the non-Jews' are 'evil' in worksheet produced by London school
Wikipedia rocked by 'rogue editors' blackmail scam targeting small businesses and celebrities
More than 11,000 Icelanders offer to house Syrian refugees to help European crisis
Climate change: 2015 will be the hottest year on record 'by a mile', experts say
Senior British politicians tell David Cameron: When dead children are being washed up on beaches, it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don’t change Europe’s attitude to refugees, what will?
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Theresa May says migrants should be banned from entering the UK unless they have jobs lined up
iJobs Money & Business
£14000 - £16000 per annum: Recruitment Genius: This company was established in...
£20000 - £25000 per annum + OTE 40k: SThree: SThree are a global FTSE 250 busi...
£20000 - £25000 per annum + competitive: SThree: SThree are a global FTSE 250 ...
Voluntary and unpaid, reasonable expenses reimbursable: Reach Volunteering: St...