F&C Lifestyle Fund Manager Quits

F&C’s Lifestyle fund manager, Paul Carne, has resigned to join an institutional investment consultant firm.

F&C’s Lifestyle fund manager, Paul Carne, has resigned to join an institutional investment consultant firm, Financial Times reports. The Lifestyle range of risk-rated funds of funds will now be managed by Thames River multi-managers, Robert Burdett and Gary Potter. Carne is understood to be joining Aon, adds Investment Week. F&C is not planning any change in the Lifestyle investment process on the funds as a result of the departure.

Click here for the story from Financial Times.

Click here for the additional coverage from Investment Week.