BREAKING NEWS*** Claire Griffiths, David McGillveray and Robert Moss are all to leave Invesco UK ...
Claire Griffiths, David McGillveray and Robert Moss are all to leave Invesco UK as part of the group's plans to unify its investment team in Henley.
Eighteen investment professionals are to leave the group as part of the London-based team's relocation, primarily analysts and institutional staff apart from the managers named above.
The relocation is to take place over the next few months and is expected to be complete by August.
Tamsin Faiers is to assume management of Griffiths¹ £138.6m European Smaller Companies fund, while Graham Kitchen will take on McGillveray¹s £155.5m UK Equity and £13.4m UK Key Trends portfolios.
Chief investment officer of Invesco UK Bob Yerbury will remain as head of the group's investment team, with Kitchen and Neil Woodford continuing in their roles as co-heads of investment reporting to Yerbury.
To promote 'long-term investment'
Switching 'hard and expensive'
Smaller funds still packing a punch
To drive progress