Two more senior executives have quit Merrill Lynch Investment Managers (MLIM).
Global head of marketing Colin Clark and senior portfolio manager for fixed-income Nick Ritchie have both left MLIM following other recent departures from the firm.
Both Clark and Ritchie are former Mercury Asset Management employees.
Ritchie, who worked at MLIM for 15 years, is said to be taking early retirement to look after family concerns. His responsibilities will be absorbed by the near 60-strong fixed-income team.
Clark, who had been with the firm for about 20 years, entered as a graduate at Mercury in 1980 and is said to be looking for another post. MLIM denied claims that his position had been watered down over the years and distributed amongst regional marketing heads.
The moves follow the recent retirements of MLIM co-heads Carol Galley and Stephen Zimmerman. Both will be leaving the firm later this year.
By Madhu Kalia
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers