BlackRock's Devlin steps down as manager within European equity team

Stefan Gries taking over full management

BlackRock's Vincent Devlin is relinquishing all portfolio management responsibilities within the firm's European equity team, including his role as co-portfolio manager on the BlackRock Greater Europe investment trust.

A stock exchange announcement said Devlin (pictured) is stepping back from his role on the trust, which will be taken over by co- portfolio managers Stefan Gries, who joined BlackRock's European equity team in 2008 and is now a senior director, and Sam Vecht, who has worked on the trust since 2004 and will retain primary responsibility. Former Treasury official to oversee BlackRock's Brexit plans Investment Week also understands Devlin has stepped back from all his portfolio management responsibilities and is no longer a member of the European equity team. He was previously named c...