Invesco Perpetual has appointed industry veteran Nick Mustoe as its new chief investment officer, replacing Bob Yerbury.
Mustoe, the former CIO of Pictet Asset Management and Hermes Pensions Management, will take up his new role on 7 June. Yerbury will remain as portfolio manager across a number of the group’s funds and will also continue to work with CEO James Robertson in his role as a senior managing director of Invesco and as part of the Invesco Perpetual management team. Relinquishing the CIO responsibilities is the second stage in eventual retirement plans for Yerbury, who handed over the CEO role in 2008. Invesco Perpetual says Yerbury will continue at the group for the foreseeable future however...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
