All change in the European equity peer group after volatile time in the markets

The past 12 months have not been kind to the long-established leaders in the European equity sector. A combination of poor returns, fund manager departures or both have affected the leading houses. Invesco Perpetual's performance fall is well documented and now fund manager Rory Powe is to leave the group. Newton's Keiran Gallagher is departing to join LeggMason Investors. Gartmore's Roger Guy has had a quiet year by his own high standards, as has Schroders' Mark Pignatelli following his move from Barings. There are plenty of pretenders in the wings trying to become managers of the ne...