UK - Gartmore Investment Management has merged its Continental and pan-European equity desks.
The merger – which follows a spate of senior appointments – is aimed at streamlining the main decision-making teams.
Gary Clarke will assume responsibility for the Gartmore European Focus Fund, working with head of the European equities Stephen Jones.
Clarke is continuing his role as lead manager on the Gartmore SICAV pan-European Fund and the Gartmore Capital Strategy Europewide Fund.
The pan-European small-cap team is unaffected by the change.
Jones said: “By combining the two areas, we believe we will be in a position to create a more efficient process, maximise the talent within the team, continue to deliver strong and consistent investment performance and consolidate our pre-eminent position within the European equities arena.”
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