Mark Barnett leaves Invesco amid UK equity team restructure

Follows 'comprehensive review'

Mark Barnett is to leave Invesco by mutual agreement after 24 years with the business, handing over the open-ended funds he managed to James Goldstone and Ciaran Mallon, effective immediately.

The announcement comes as part of a raft of changes to its UK equity product range and investment management team led by chief investment officer Stephanie Butcher, who was appointed earlier this year. Mark Barnett's income portfolios hit with further outflows - reports "When I become CIO in January, I made it clear I would not shy from introducing change where I saw it necessary," said Butcher. Of his departure, Barnett said: "I am extremely proud of my career at Invesco and for my long-term track record of value creation for my clients. I wish James and Ciaran huge success in man...