In the respective new roles, Brown will chair Artemis’ management committee, while McCabe will chair the firm’s compliance and risk committee.
Brown joined Schroders in 2005 as a director before becoming CIO. He took on the role as adviser to the firm in 2012 after stepping down as group CIO. Prior to Schroders, Brown held a number of roles at State Street Global Advisors, which he joined in 1995, including managing director of its London office as well as group CIO. He started his career as an equity analyst at Morgan Grenfell in 1974 before moving to New York to join JP Morgan.
McCabe retired from Fidelity International at the end of 2017 after being head of investment trusts for four years. She remains on the board of the firm’s £664m Special Values trust and holds a number of non-executive roles including a member of the board of trustees at the University of Bristol and the Aberdeen Asian Income Investment trust. She started her career as a business analyst at McKinsey before joining HSBC Asset Management and subsequently Fidelity International in 1999.