2004 sees large number of high-profile changes

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Senior sales staff and management at fund houses joined more than 100 fund managers in the usual job...

Senior sales staff and management at fund houses joined more than 100 fund managers in the usual job merry-go-round last year. Industry figures such as Phil Wagstaff, Mike Webb, Francis Ghiloni and Gary Mairs all left their respective jobs in 2004. On the sales side, the past year also saw the key departures of Simon Wombwell from Newton, M&G's Simon Clark and Fidelity's Colin Tipping. On the fund manager side, throughout 2004 Investment Week reported on the departure of some 107 managers, a combination of redundancies as well as those poached by competitors. Among the groups most affec...