View more on these topics

MacMillan steps down from BlackRock Euro value fund

BlackRock’s James MacMillan has stepped down from the £113m BGF European value fund and the group is promoting analyst Brian Hall to run the fund.

Hall joined BlackRock in 2007 and is responsible for research on the industrials sector. He will be supervised in the new role by the company’s European equity team head and 25-year fund management veteran Nigel Bolton.

Before joining BlackRock, Hall worked at Lehman Brothers as director of equity research.

MacMillan has left the fund to move to a new, as yet unannounced, role within BlackRock.

He gave up his role as head of European equities in March 2008 when BlackRock recruited Bolton from Swip to lead the team and develop a new research process for its funds.

BGF European value has an AA rating from S&P, an OBSR A rating and a Morningstar superior rating.

Whitechurch Securities senior analyst Ben Seager Scott says: “Although any change of manager should give rise to a fund review, my initial feeling is that these internal moves are a natural part of the fund’s evolution.”


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers. Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm