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Fixed income head and portfolio manager leave Invesco

Fixed income head and portfolio manager leave Invesco

The head of global multi-sector fixed income and one of his co-managers have left Invesco Asset Management, the company has confirmed.

Mark Nash, who managed several fixed income funds including the €765 million Invesco European Bond fund has left the company along with co-manager Nicholas Wall

In a statement, the company said the managers were going to pursue other opportunities in the investment industry, but no further details were available at this time.

Their portfolio management responsibilities have been assigned to Sean Connery, Josef Portelli, Lyndon Man and Luke Greenwood, who are members of the London-based Invesco fixed income global portfolio management team. The team has an average experience of more than 15 years.

Nash, who previously held a Citywire AAA-rating, joined the Henley-based asset manager in October 2001, while Wall has worked for Invesco since 2006. He was assigned to Nash's team and the European Bond fund in March 2015.

In the statement, Invesco confirmed they would hire additional managers for the fixed income team and stressed that all funds would continue to operate business as normal.

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