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McConnon promoted to head of marketing EMEA
Stock fell 15% on poor results
US manager with $947bn AUM
Concerns about US rate rise impact on EMs
Gross suing for over $200m
Would not undermine UK as financial centre
To focus on strategy for AIMS team
Ends 27-year stint at helm of Asia Pacific fund
Follows complaints over 'unfeasible' deadline
Former BMO managers to run fund
