Mark Barnett leaves Invesco amid UK equity team restructure

Follows 'comprehensive review'

James Baxter-Derrington
clock • 3 min read

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. "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 managing the portfolios in the future." Martin Walker, who was appointed...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

The wonder women from Fundcalibre's rated funds list

The wonder women from Fundcalibre's rated funds list

'These two top-rated women have been quietly delivering for investors for the long term'

Darius McDermott
clock 06 March 2025 • 5 min read
Schroders AUM reaches £779bn as profits rise 14%

Schroders AUM reaches £779bn as profits rise 14%

Firm gives strategy update in full year results

Sorin Dojan
clock 06 March 2025 • 2 min read
Advisers 'can't ignore ESG anymore': Aegon's Beacham

Advisers 'can't ignore ESG anymore': Aegon's Beacham

‘Encouraging ESG investing no longer a difficult task for advisers’

Sahar Nazir
clock 05 March 2025 • 1 min read