Global asset manager F&C Investments’ director of European equities Sam Cosh will take over lead management of its European Assets investment trust, Financial Times reports. He will succeed Paras Anand as lead manager of the £84.3 million European trust.

Cosh, who has been jointly managing the trust since late last year, will take over management of the trust immediately. Anand, F&C Investments’ head of continental European and pan-European equities teams, is leaving the asset manager to head pan-European equities at London-based portfolio management and research company Fidelity Worldwide Investment, adds FundWeb.

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