He has helped build a troubled Global Targeted Returns fund since joining the company in 2013 and continues to be responsible for the reduction in assets under management of approximately £ 10 billion over the last three years.
He is also responsible for Global Target Income Strategy, Managed Income and Managed Growth Funds, Summit Growth and Summit Responsibility.
Millar joined Invesco from Standard Life Investments and worked as a fund manager for the now-confused Global Absolute Return Strategies Fund (GARS), which investors have withdrawn from more than four years to more than £ 23 billion. Co-manager Neil Richardson departs..
Since May 31, his role as co-manager has been fulfilled by Georgia Taylor, who joined the team eight years ago and has helped implement the income variant of the Global Target Return Strategy.
She has played roles in HSBC, Goldman Sachs, State Street Global Markets, Legal & General Investment Management and has over 20 years of investment experience from both buy-side and sell-side.
Miller said: “These developments reflect the strength of our multi-asset team. We are pleased that Georgia has joined the GTR fund management team. This is what we have been working on.
“The industry needs to continually listen to and adapt to the needs of our clients in the light of macroeconomic conditions and challenges. We are in a good position to serve these clients, so Invesco We look forward to working with our colleagues across our investment expertise. We need and develop related products to support them. “
David Miller retreats from direct fund management at Invesco
Source link David Miller retreats from direct fund management at Invesco