Royal London Asset Management fund manager Andrea Williams has “agreed to leave” the firm after 30 years as it reviews its European equities business.
RLAM refused to comment on whether Williams resigned from the firm and whether she had already left the business.
Williams, who started at the company as an analyst, was most recently the manager of the European Opportunities fund.
She will be replaced by RLAM’s head of sustainable funds Michael Fox.
RLAM began reviewing of its European strategies after fund manager Neil Wilkinson, manager of its £600m European Growth fund exited the company a month ago. Wilkinson has now moved to City-based hedge fund Hadron Capital.
A RLAM spokesman says: “RLAM can confirm that Andrea Williams has agreed to leave Royal London Asset Management. We would like to thank her for her service and hard work over the past 30 years. We wish her well for the future.
“As mentioned previously, RLAM is fully committed to its active European equities offering and is taking the opportunity to review this area. Mike Fox will take over the full management of all of RLAM’s European equities funds, on an interim basis, until a suitable replacement has been found.”