Wealth Manager - the site for professional investment managers

Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Invesco PowerShares’ EMEA boss exits

Invesco PowerShares’ EMEA boss exits

Bryon Lake, Invesco PowerShares’ EMEA boss has left the company and will be replaced by chief operating officer Matthieu Grosclaude on an interim basis.

Lake (pictured) had been head of the firm’s Europe, the Middle East and Africa business since 2013 and is ending an 11-year career at PowerShares.

Grosclaude stated that the company has ‘advanced plans’ to launch several smart beta equity and fixed income funds this year as it looks to deepen its presence in several markets.

He added that the firm will be announcing more senior appointments in due course.

In 2016 the company added to its range by launching several smart beta exchange traded funds (ETFs), including the S&P 500 High Dividend Low Volatility Ucits ETF.

Grosclaude said: ‘Invesco PowerShares has deepened its presence in EMEA over 2016 supported by a management team and capabilities to be proud of. We are well positioned to continue on our growth trajectory.’ 

Commenting on Lake’s departure, he added: ‘Bryon Lake has decided that the time is now right for him personally to pursue his career elsewhere and I would like to thank him for his contribution to Invesco and wish him the very best for his future.’

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play CEO tapes 2: the right way to pay fund managers

CEO tapes 2: the right way to pay fund managers

In second part of our latest CEO series, seven fund bosses lift the lid on how they pay managers.

Play Get out of low vol, warns 'godfather' of smart beta Rob Arnott

Get out of low vol, warns 'godfather' of smart beta Rob Arnott

Rising valuations are making the Research Affiliates founder nervous, so he's advising clients to rotate into value-orientated strategies.

Play CEO tapes 2: the active fund industry has 'over promised'

CEO tapes 2: the active fund industry has 'over promised'

Citywire invited a batch of fund bosses to share their views on the industry ahead of this week's crucial FCA report.

Read More
Your Business: Cover Star Club

Profile: Rathbones' fund boss on spotting emerging talent

1 Comment Profile: Rathbones' fund boss on spotting emerging talent

A great fund manager is really easy to spot, says Mike Webb, chief executive of Rathbones Unit Trust Management

Wealth Manager on Twitter