M&G Investments multi-asset manager George Tsinosis has left the firm after a reshuffle.
The £313m pan-European fund manager Giles Worthington and Tim Short, who runs the £41m European special situations and £169m European funds, are also leaving.
Tsinosis took over the firm’s £740m managed fund and £338m cautious multi-asset fund in July 2010 after head of equities David Jane quit.
M&G says all its multi-asset funds will now be managed under the investment framework run by head of macro and equities investment Dave Fishwick.
The cautious multi-asset fund will have Juan Nevado and Tony Finding of the macro investment team as named co-managers. Nevado and Jenny Rodgers, also from the macro investment team, have been appointed as co-managers of the managed fund.
The pan-European fund and the European fund are being taken over jointly by Greg Aldridge and Charles Anniss.
The European special situations fund is being handed to Richard O’Connor.