Boutique manager SW Mitchell Capital has appointed Hugh Grootenhuis, formerly of Waverton Investment Management and JO Hambro Investment Management, as special adviser.
Grootenhuis (pictured) has also become a director of SW Mitchell Capital plc, an Irish Ucits.
He spent six years as chief executive of Waverton Investment Management and predecessor JO Hambro Investment Management (JOHIM), where he worked alongisde SW Mitchell Capital founder Stuart Mitchell.
SW Mitchell Capital turned 10 in 2015, and counts some $2bn in assets under management.
Stuart Mitchell (pictured below) said: “We are very pleased to have Hugh join us as a special adviser. We know Hugh well from our time together at JOHIM and his expertise and knowledge of the market will be integral as we move forward.”
“SW Mitchell Capital has just passed its 10-year anniversary and we are optimistic about the opportunities for future growth. Our recent relationship with Boston-based Balter Liquid Alternatives to sub-advise a new ’40 Act liquid alternatives fund for US investors is good example of this.”
“While global equities have recently witnessed elevated volatility, we remain bullish on the prospects on offer in Europe, particularly in the domestically-orientated areas of these markets. Most of the macroeconomic data supports the view the European economy continues to gently recover, which is reinforced by our numerous on-the-ground meetings with companies on the Continent.”