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L&G active fund head quits

Legal & General’s head of active fund management Peter Knapton has quit after seven years at the firm.

Knapton says his split with L&G was amicable, although as yet he has no job lined up.

L&G is now left searching for two senior staff in its fund management arm, having failed to replace its head of UK equities Vanessa James, who left last December to join Abbey National

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