Abrdn has announced that it is combining its UK and European equity teams, in a change that will see some senior departures.
Former head of European equities Ben Ritchie will now lead the 20-strong team, while Andrew Millington - previously head of UK equities - will become equity head of research and investment process.
Standard Life European Equity Pension fund manager Kay Eyre and Abrdn European Sustainable Equity fund manager Jonathan Allison are among the five people leaving, along with European equity manager Jonathan Fearon and investment analyst Peter Silver.