BlackRock will see a number of changes within its fundamental European equities team over the next two months, as David Tovey will leave the firm on 2 April.
Tovey, a 23-year BlackRock veteran, will take a break from the industry to think about his next challenge, the firm said. The manager has been part of BlackRock's European equity team since 2013. As a result of the departure, BlackRock said it would make "several appointments a realign certain portfolio management responsibilities" within its fundamental European equities team. "These moves reflect our commitment to developing investment talent as well as realising the best performance for clients and assuring consistency in investment strategy," a spokesperson told Investment Week. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
