Tony Yousefian to exit City Financial

City Financial's multi-asset fund manager Tony Yousefian has left the firm after less than a year, Investment Week understands.

Yousefian was previously chief investment officer at OPM Fund Management before the business was taken over by City last April. Following the acquisition, Yousefian (pictured) joined the multi-asset team, working with head of multi-asset Mark Harris. Last week it was announced Yousefian's £31m EFA OPM Fixed Interest fund was being merged into the City Financial Fixed Interest Diversified fund, with the enlarged mandate to be run by Harris. Sources told Investment Week the manager has left the group following the merger. A spokesperson for City Financial said: "The OPM Fixed Inte...