Gartmore veteran Roger Guy has announced he will retire from day-to-day fund management.
Guy, who leads the group's European large cap team, will be replaced by John Bennett, as Gartmore brings its European operations into one single team. In addition, Guy's recently arrived co-manager Darrell O'Dea will also leave the group. O'Dea was brought in following the suspension of Guy's former right hand man Guillaume Rambourg, who subsequently quit the firm earlier this year to focus on a FSA investigation into his conduct. Rambourg's suspension was a blow to Guy, who was fully confident his former co-manager would be able to resume his fund management role. Also, in a furth...
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