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Threadneedle fund chief quits

Threadneedle American growth fund manager Zanny Perring will depart from the group this month after deciding to leave the fund management industry for family reasons. Perring, who has managed the £725m fund for more than five years, is being replaced by Andrew Holliman, who joined Threadneedle in 2003 from Baillie Gifford. Perring&#39s other fund &#45 the £85m American smaller companies fund she ran for more than six years &#45 will be taken over by Robert Graham-Brown, previously her assistant.

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