Simon Brazier, head of UK Equities, and co-manager Blake Hutchins have resigned from Threadneedle Investments, leaving Leigh Harrison, head of Equities, to resume responsibility for the UK Equities team.
An additional three junior members of the UK Equities team are also departing.
Chris Kinder has been appointed lead manager of the Threadneedle UK Fund with immediate effect. He also manages the Threadneedle UK Extended Alpha Fund.
Mark Burgess, CIO, said: “Threadneedle has one of the largest and best performing UK Equities teams in the industry, and I am confident that under the resumed leadership of Leigh Harrison the team will continue to deliver for our clients. We place great emphasis on teamwork and integrated research to ensure that our process is robust. This approach has produced a strong, consistent track record of results for our clients and this will not change. We will continue to invest to build additional resource in the team.”
“Threadneedle’s UK Equities team of nine manages approximately £18bn across a variety of strategies including core, alpha, high alpha, income, mid 250, smaller companies and long-short portfolios. There is a wealth of talent within the team and the breadth of experience and range of strategies managed enhances research ideas and maximises our ability to identify investment opportunities across the range.”