Fund managers Aberdeen and Schroders have announced a number of fund managers leaving on their US and UK desks.
Aberdeen has announced in a restructuring of its retail side that managers of its North American fund Rubert Della-Porter and Rupert Howard have left the company.
Former co-manager Alex Ingham is to take over the running of the fund and chief investment officer Katherine Garrett-Cox is expected to play a more hands on roll.
On the UK side, managers Simon Atherton and Neil Cummings have left and their funds are being taken over by Chong Yoon Chow, a member of Hugh Young's team in Singapore. Chow will be relocated to London as a result.
Schroders have disbanded their US team of Ian Cooke and Ian Brady and their US active value and North American funds are to be taken over by Schroders' investment strategy unit which uses a risk tool to manage money.
Adrian Cronje has been named as the new manager of its North American fund.