Bill Barker, institutional fund manager at HSBC Asset Management, has joined Threadneedle's UK small...
Bill Barker, institutional fund manager at HSBC Asset Management, has joined Threadneedle's UK smaller companies team as a portfolio manager, writes Jane Wallace.
At Threadneedle, Barker will continue to be primarily responsible for institutional accounts and for proprietary research. He will act as deputy to Paul Cramp who is head of this group. For the past four years, Barker has managed institutional UK smaller companies mandates at HSBC Asset Management. Before that he worked at Lloyds Investment Managers and Royal Life.
Threadneedle has also decided to merge its UK and European desks into a single Pan-European team. This followed the decision of senior director of the investment division, Howard Maguire, to retire from investment management later this year.
The merged team will be headed jointly by Alex Lyle, head of UK retail funds, and Michael Taylor, head of pension investments. Both will report to Sarah Arkle, head of equities and managed funds.
As a result of the restructure, David Ballance, head of European equities has left. He will not be directly replaced but William Davies, senior European equity fund manager, will take on additional responsibilities.
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