A spokesperson confirmed that head of external funds Linda Desforges, bond manager Daniel Fox and UK equity manager Neal Foundly have left Royal London.
Desforges managed the European Growth, US Growth and Sustainable Diversified funds. Fox managed the CIS Corporate Bond Income Fund while Foundly was responsible for the CIS UK Income With Growth Fund.
The CIS UK Income With Growth Fund will be taken on by Joe Walters, who also manages the CIS UK Growth Fund. Richard Nelson will run the Corporate Bond Income Fund.
Royal London has not confirmed yet who will take on the fund run by Desforges.