Invesco lays off 15 staff after review

Invesco has made nine fund managers and six analysts redundant from its London and New York offices. The lay-offs are the result of a 'strategic review designed to strengthen our investment capability going forward', according to Jane Drew, communications manager. In London, changes were made to the global equities and the pan-European team and in New York redundancies affected the global equities team. In the London global equities team, Habib Subjally has replaced Richard Beggs as manager of the Invesco Perpetual International Growth Fund and Francesco Bertoni as manager of a numb...