UK - Invesco has strengthened its London-based global equities team with three new hires.
Habib Subjally and Manraj Sekhon join Invesco from the global equities team at Merrill Lynch Investment Managers, and Stephen Rowntree joins from Gartmore where he specialised in pharmaceuticals and healthcare.
Subjally is named head of global equities at Invesco and will co-ordinate the current operation of the team, which now numbers 18. In addition, he will manage the Invesco Perpetual Global Dynamic Theme Fund.
Sekhon is appointed to senior fund manager, global equities, and will work on the development of the sector range. Rowntree will manage the Invesco GT Healthcare Fund.
This team at Invesco manages $7bn in global equity assets, of Invesco UK's total $27.9bn (£19.5bn) assets under management.
Invesco forms part of the global Amvescap Group, which has around $361.3bn (£245.8bn) of funds under management.
By Madhu Kalia
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.