Mark Barnett is to leave Invesco by mutual agreement after 24 years with the business, handing over the open-ended funds he managed to James Goldstone and Ciaran Mallon, effective immediately.
The announcement comes as part of a raft of changes to its UK equity product range and investment management team led by chief investment officer Stephanie Butcher, who was appointed earlier this year. "When I become CIO in January, I made it clear I would not shy from introducing change where I saw it necessary," said Butcher. Of his departure, Barnett said: "I am extremely proud of my career at Invesco and for my long-term track record of value creation for my clients. I wish James and Ciaran huge success in managing the portfolios in the future." Martin Walker, who was appointed...
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