Merian's Ormiston steps down from large-cap European mandates

Funds to adopt new investment process

Ian Ormiston will focus on running his flagship €257.34m Europe (ex UK) Smaller Companies fund

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Merian Global Investors' Ian Ormiston is stepping down from running the European Equity (ex UK) and European Equity funds, with the mandates set to adopt a new investment process.

Ormiston, who has managed the large-cap funds since the departure of Kevin Lilley in 2017, will focus on running his flagship €257.34m Europe (ex UK) Smaller Companies fund. The management of the £96.19m...

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