Veteran manager Gervais Williams has resigned from Gartmore and will leave the firm at the end of September.
Williams was head of UK smaller companies and ran the £54m Growth Opportunities, £84m Fledging and £47m Irish trusts as well as the £150m UK & Irish Smaller Companies Oeic. He has been replaced by Adam McConkey, who joined Gartmore in 2000 and is a senior investment manager in the UK Smaller Companies team. He will report to CIO Dominic Rossi. Williams' resignation comes just weeks after Gartmore said it had suffered £2bn of net outflows so far in 2010, largely as a result of the suspension and subsequent resignation of star manager Guillaume Rambourg. Rambourg was suspended from ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
