James Gledhill has left Henderson Global Investors after being made redundant, Investment Week understands.
Henderson Global Investors has increased its holding in rival Liontrust Asset Management, taking its position in the asset manager to more than 11%.
Henderson Global Investors is to merge the three Gartmore Multi-Manager funds run by Tony Lanning and Bill McQuaker into its own range as part of an overhaul of its offering.
Economists shoot down IMF's growth forecasts for UK in anticipation of an increase in GDP.
Financials still under pressure from unfinished business in the eurozone and the threat of downgrade for banks
Henderson's John Pattullo and Jenna Barnard have closed out short duration positions in gilts and treasuries after revising their interest rate expectations.
Henderson manager to overhaul European Growth trust upon takeover from Peak in July