People Moves

New Gartmore loss as UK small-caps head Williams quits


Gartmore has appointed Adam McConkey as head of UK smaller companies following the resignation this week of Gervais Williams as head of the embattled UK-listed asset manager’s highly-regarded UK smaller companies team.

In the latest blow to the publicly-quoted firm – whose share price is still reeling from the recent departure of star European equity manager Guillaume Rambourg after the firm’s decision to conduct an internal investigation – Gartmore said in a statement to the London Stock Exchange on Wednesday that Williams was leaving “to pursue other interests”.

Together with Rob Giles, Williams was the original portfolio manager of Gartmore’s